PNC Infratech Limited — Important, 07-05-2025: Updates

PNC Infratech’s joint venture with Aakshya Infra lost a ₹2039.61 Cr infrastructure project under the NAINA scheme after the Bombay High Court quashed the work order due to a competitor’s challenge. The company has appealed to the Supreme Court seeking to stay this order. Financial impact remains uncertain pending the Supreme Court’s decision.