Care Ratings Assigns Credit Ratings for PNC Infratech Subsidiaries
PNC Infratech Ltd has received credit ratings from Care Ratings Limited concerning the Long Term Bank Facilities provided to its subsidiary companies. These assignments were completed as per reports received on June 26, 2026.Care Ratings Limited assigned specific ratings and actions for three private limited subsidiaries of PNC Infratech Ltd, relating to their long-term bank facilities. All three entities received a CARE A; Stable rating.
The details regarding the subsidiary companies, corresponding outstanding amounts in Rupees Crore, and the allocated credit action are presented below:
| Subsidiary Company Name | Amount (Rs. Crore) | Rating | Rating Action |
|---|---|---|---|
| Varanasi Kolkata Highway Package 6 Private Limited | 714.50 | CARE A; Stable | Assigned |
| Varanasi Kolkata Highway Package 3 Private Limited | 632.50 | CARE A; Stable | Assigned |
| Varanasi Kolkata Highway Package 2 Private Limited | 500.00 | CARE A; Stable | Assigned |
The rating assignments pertain to the Long Term Bank Facilities of these subsidiary companies, as reported by Care Ratings Limited.
PNCINFRA Stock Price Movement
PNC Infratech Limited shares slipped by 1.32% on Thursday, settling at ₹232.3 following a drop of ₹3.09 from its previous close. The equity saw activity comprising a traded volume of 487,196 shares in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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