StockWatch
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Civil Construction
Subsidiary8 Oct 2026, 03:30 pm

PNC Infratech Incorporates Subsidiary in Kazakhstan

AI Summary

PNC Infratech Limited has incorporated a wholly-owned subsidiary, PNC Infratech (Kazakhstan) LLP, in the Republic of Kazakhstan. The subsidiary's main objective is to provide infrastructure services, primarily in the Roads & Highways sector. The incorporation was completed on October 7, 2026, with an initial charter capital of 500,000 KZT. The company has invested the entire initial capital as cash consideration. This move signifies PNC Infratech's expansion into international markets, aiming to leverage its expertise in infrastructure development in Kazakhstan.

Key Highlights

  • PNC Infratech establishes a 100% subsidiary in Kazakhstan.
  • Subsidiary to focus on Roads & Highways infrastructure services.
  • Initial capital investment of 500,000 KZT made.
  • Expansion into new international market for infrastructure services.