PNC Infratech Ltd achieves financial closure for 2 HAM projects

PNC Infratech Limited (the Company) has announced that two (2) Hybrid Annuity Mode (HAM) Projects namely Gaju Village to Devinagar Bypass (Package IC) and Mathura Bypass to Gaju Village (Package IB) the respective SPVs viz. Hathras Highways Private Limited and Yamuna Highways Private Limited, wholly owned subsidiaries of the Company have received communications from National Highways Authority of India dated 21.12.2022, confirming the achievement of Financial Closure for the said projects.

Shares of PNC Infratech Limited was last trading in BSE at Rs. 278.30 as compared to the previous close of Rs. 273.65. The total number of shares traded during the day was 36546 in over 1581 trades.

The stock hit an intraday high of Rs. 284.55 and intraday low of 264.35. The net turnover during the day was Rs. 10105549.00.

Source : Equity Bulls

Keywords

PNCInfratech INE195J01029 HAMProject FinancialClosure