PNC Infratech Share Price in Focus After Setting Up Kazakhstan Subsidiary for Road Projects

Written by: Team Angel OneUpdated on: 13 Oct 2026, 12:39 am IST

PNC Infratech Limited has opened a company in Kazakhstan to take up road and highway work in the country.

PNC Infratech has set up a new subsidiary in Kazakhstan called PNC Infratech (Kazakhstan) LLP, as per the exchange filing.

The new company is fully owned by PNC Infratech. It has an initial capital of 5,00,000 KZT, but has not started its business yet.

New Company in Kazakhstan

PNC Infratech has put the entire initial capital into the new subsidiary and holds 100% of it.

The company has been registered in Almaty, Kazakhstan. Its main activity will be construction of roads and highways.

Subsidiary Yet to Start Work

The new company has been created to provide infrastructure services in Kazakhstan, mainly in the roads and highways business. It has no turnover yet because it has not started operations.

PNC Infratech has invested 5,00,000 KZT as the initial capital. The filing also states that the move does not involve a related-party transaction.

As of October 08, 2026, PNC Infratech share price closed at ₹134.49 per share, reflecting a 1.78% decline from the previous trading session.

Conclusion

PNC Infratech has started its presence in Kazakhstan by setting up a wholly owned company for road and highway work. The subsidiary is still new and has not started operations, with an initial capital of 5,00,000 KZT.

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Published on: Oct 8, 2026, 4:57 PM IST

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