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PNC Infratech LimitedImportant, 22-05-2025: General Updates

22-05-2025 | 03:08 pm

PNC Infratech has announced a board meeting to approve the financial results for the quarter and half-year. It completed the sale of entire stakes in 10 road asset SPVs to Highway Infrastructure Trust, unlocking value from matured projects contributing significant revenue and net worth in FY24. Equity transfer for two remaining assets is expected by H1 FY26. This divestment may reduce future revenue but strengthens the balance sheet and cash flow through asset monetization.

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