PBA Infrastructure Ltd — Important, 13-11-2025: Company Update

The Board of PBA Infrastructure approved the financial results for the quarter and half-year. Mr. Narain P. Belani was redesignated to Joint Managing Director, and Mr. Suresh Kumar Bothra was appointed as Managing Director with a focus on banking operations. Mrs. Monica M. Talwar resigned as a Non-Executive Director. The company faces substantial financial challenges, including Rs. 286.47 Cr in overdue obligations after some settlements, which raises going concern doubts. Classified as a Non-Performing Asset, it hasn't provided interest since 2018. Furthermore, Rs. 55.00 Cr in unacknowledged claims remain uncertain regarding recoverability.