PNC Infratech Limited — Others, 19-10-2024: Action(s) taken or orders passed

PNC Infratech Limited has been disqualified by the Ministry of Road Transport & Highways from participating in any tender for one year, effective October 18, 2024. This action follows a personal hearing related to violations linked to a CBI inquiry. However, the company asserts that there will be no impact on its ongoing development, construction, and maintenance activities. Further evaluations on other potential impacts will be communicated as necessary.