PNC Infratech Limited (Company) announced that the Company has been declared L1 (First Lowest) bidder for two (2) EPC Road Projects of MSRDC for an aggregate quoted price of INR 49,940 million. Details of the project are as under: Construction of Access Controlled Pune Ring Road in Pune District Package PRR E2 from Indori Km 12+500 To Chimbali Km 26+300 (Length: 13.800 Km) in the State of Maharashtra on EPC Mode. Project Authority/Proponent: Maharashtra State Road Development Corporation (MSRDC); Quoted Amount: INR 24,860 million; Construction Period: 30 months.

Construction of Access Controlled Expressway Connector to Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg from Jalna to Nanded in the State of Maharashtra on EPC Mode: Package JNE-04 from Kumbhari Km 98+945, to Katneshwar Km 127+840, in District Parbhani (Length: 28.895 Km); Project Authority/Proponent: Maharashtra State Road Development Corporation (MSRDC); Quoted Amount: INR 25,080 million; Construction Period: 30 months.