Incorporates wholly-owned subsidiary in the Republic of Kazakhstan for roads and highways
PNC Infratech has incorporated PNC Infratech (Kazakhstan) LLP in the Republic of Kazakhstan.
- Incorporation Date
- Certificate of Incorporation received October 7, 2026
- Initial Capital
- 5,00,000 KZT
- Shareholding
- 100% held, cash consideration
PNC Infratech Limited has informed the exchanges that it has incorporated a subsidiary company in the Republic of Kazakhstan.
What was done
- The subsidiary is named PNC Infratech (Kazakhstan) LLP and is in the Republic of Kazakhstan.
- The Certificate of Incorporation was received on October 7, 2026.
- It has been incorporated under the applicable laws of the Republic of Kazakhstan, including the Civil Code.
What the subsidiary is meant to do
- Its main objective is to provide infrastructure services in Kazakhstan, primarily in the roads and highways sector.
- Its principal activity is construction of roads and highways.
The money involved
- The Charter (authorized) capital of the new subsidiary is 5,00,000 KZT.
- The company invested by subscribing participatory interests (initial capital) of 5,00,000 KZT.
- The nature of consideration is cash, and the entire capital has been subscribed by the company.
- Shareholding / control acquired is 100%, making it a subsidiary of the company.
How a retail investor can read this
This is an incorporation-level step: a new company has been set up, not a project award or a contract. The update states the subsidiary is yet to commence its business operations, and its turnover is shown as not applicable.
The stated intent is to build a presence in Kazakhstan's roads and highways space, which is the same line of business the parent is in. What it translates into in terms of work on the ground would come from future disclosures.
Related party and approvals
- The transaction is not a related party transaction.
- The promoter, promoter group and group companies have no interest in the entity, as per the update.
- Governmental or regulatory approvals required for the acquisition: Not Applicable.
Also from PNC Infratech
27th AGM voting results: all resolutions carried; statutory auditor appointment gets 82.40% in favour
1 Oct 2026
Summary of Proceedings of 27th Annual General Meeting
30 Sep 2026
Promoter group members buy equity shares from open market
28 Sep 2026
More numbers
- Charter (authorized) capital of new subsidiary5,00,000 KZT
- Initial capital invested by the company in the subsidiary5,00,000 KZT
- Shareholding / control acquired in the subsidiary100%
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