Management

Our Management team comprises Ten Directors which includes one Chairman cum Managing Director, two Managing Directors, two Whole-Time Directors and five Independent Directors.

Brief Profile of our Directors

Mr. Pradeep Kumar Jain (Chairman & Managing Director) Mr. Pradeep Kumar Jain holds a Bachelor’s degree in Arts and has over 43 years of experience in the infrastructure and allied sectors. Before forming PNC Infratech, Mr. Jain was engaged in the business of providing integrated construction services for infrastructure sector through PNC Construction Company, a sole proprietorship firm at Agra. He has been on the Board of Directors since incorporation. His current responsibilities include overall administration and monitoring of projects and liaisoning with the government and non-Government agencies.

Mr. Chakresh Kumar Jain (Managing Director) Mr. Chakresh Kumar Jain holds a Bachelor’s degree in Arts and Law. His experience spans over 33 years with expertise in development of infrastructure sector, such as construction of highways, airports, rail over bridges among others. He has been on the Board of Directors since inception. His current responsibilities include overall administration of procurement, finance & accounts, plant & equipment and relationship management activities of the company.

Mr. Yogesh Kumar Jain (Managing Director) Mr. Yogesh Kumar Jain holds a bachelor’s degree in Civil Engineering and has 28 years of experience in business strategy, planning, investment, bidding, development, procurement, execution, operation and management of infrastructure projects across sectors including highways, bridges, flyovers, airport runways, development of industrial areas, track construction for rail freight corridors and others. He has been on the Board of Directors since inception. His expertise lies in business development, relationship management, contract administration and project implementation from concept to commissioning.

Mr. Anil Kumar Rao (Whole Time Director)  Mr. Anil Kumar Rao holds a bachelor’s degree in Civil Engineering and a master’s degree in Construction Technology & Management. He has over 34 years of experience in Implementation and Operation & Management of infrastructure projects in array of sectors, which include highways, bridges, airport pavements, rail track construction, heavy industrial structures and industrial area development etc across geographies and cultures. Prior to joining PNC Infratech in the year 1999, he had worked with Progressive Constructions, Gulfar Engineering & Contracting, Oman, IRCON International, Somdatt Builders in various senior positions. He is also a member of Indian Roads Congress and Institution of Engineers India. He has been a Director on our Board since November 17, 2000. His current responsibilities include overall monitoring, execution and O & M of projects.

Mr. Talluri Raghupati Rao (Whole Time Director) Mr. T R Rao is a Civil Engineer with Masters in Planning from School of Planning & Architecture, New Delhi with specialization in Transport Infrastructure. He also holds a Post Graduate Diploma in Construction Management. Mr. Rao is having over three decades of professional experience in planning, engineering, development, implementation and management of infrastructure projects across sectors viz. highways, expressways, bridges, airports, ports, industrial area development, urban transport & urban infrastructure. He also had extensively worked on structuring projects on PPP models. He has joined Company in May, 2014 as Executive Vice President (Infra.) and has been elevated to the Company’s Board since August, 2019 as Whole Time Director. He looks after business development, monitoring & coordinating of implementation, contract administration, overseeing operational projects on BOT-Toll, Annuity & HAM, arbitration and corporate communications of the Company. Prior to joining PNC Infratech, he had worked with SREI Infra. Finance Ltd. as Senior Vice President, IL&FS IDC Ltd. as Vice President and RITES (PSU) as a Dy. GM. His experience spanned evenly across government and corporate sectors. He has also worked on various international assignments in Botswana, Singapore, Thailand and Nepal.

Mr. Gauri Shanker (Independent Director) Mr. Gauri Shankar holds bachelor degree in Science and Commerce; He has over 42 years’ of experience in Banking and Finance and served as Managing Director and Chief Executive officer of Punjab National Bank in 2015. He was also the Executive Director of the same Bank. Prior to this, he worked in Bank of India in various positions, which include General Manager of various Departments viz, Finance (CFO), National Banking Group North (Operations), Asset Recovery, Learning and Development (HR) and Strategy and Planning. Mr. Shankar has vast experience in domestic and international operations. Worked in Bank of India’s Singapore and Jakarta Operations. His forte is Finance, Strategy and HR Development. He also worked as DGM and Zonal Manager of Lucknow Zone. While in PNB, he was Chairman of PNB’s wholly owned subsidiary Punjab National Bank (International) Limited, London and director on other subsidiaries and JVs (for different periods) namely PNB Housing Finance Limited, PNB Gilts Ltd. and Punjab National Bank Kazakhstan. He is serving as the Director on Company’s Board since May 23, 2018.

Shri Krishan Kumar Jalan (Independent Director) Shri Krishan Kumar Jalan holds Master of Philosophy degree in Mathematics and Public Administration. He is former Secretary to Government of India and spent over three and half decades in the Indian Administrative Service, Haryana Cadre. Shri K KJalan has held various posts such as Additional Chief Secretary, Principal Secretary and Director of various departments of Haryana Government. In his initial career, he worked as District Magistrate/Collector of five districts in Haryana namely Bhiwani, Sonepat, Rewari, Faridabad and Karnal. At Government of India, he had worked as Central Provident Fund Commissioner; major e-governance initiatives and activities were undertaken in the Employee Provident Fund Organisation under his leadership. He has also worked as Joint Secretary in the Ministry of Textiles, Government of India. He is serving as the Director on Company’s Board since February 13, 2019.

Mr. Subhash Chander Kalia (Independent Director) Mr. Subhash Chander Kalia holds a bachelor's degree in Arts from Punjab University and a master's degree in Political Science, with the distinction of standing first in the University from Guru Nanak Dev University and is also a Gold Medalist. He is also qualified CAIIB. He has over 41 years of experience in the banking and finance sector and served incritical positions in various banks such as Vijaya Bank, Bank of Baroda, Union Bank of India as well as Chairman of Regional Rural Bank, Pratapgarh. Post- retirement, he has worked as an advisor and head of the debt market cell constituted by the GoI under the India Infrastructure Finance Company Limited as well as an advisor to the Spice Group of Companies in respect of their banking license application. Presently, Mr. Kalia is also serving as an external member of the Empowered Committee of the Reserve Bank of India on External Commercial Borrowing, as a member of the Governing Council of Bankers, Institute of Rural Development, Lucknow and as a member of Banking and Finance Committee of the Indian Merchant's Chamber, Mumbai.

Mr. Naresh Kumar Jain (Independent Director) Mr. Naresh Kumar Jain is a Fellow Member of Institute of Company Secretaries of India and a law graduate having rich experience in the areas of Legal Compliances, Legal Management, Secretarial Functions, Statutory Compliances, Listing and Corporate Governance. He is well–versed with the provisions of Companies Act, SEBI Regulations, FEMA, NBFC and other statutory laws. He has also been the Secretary and Chief Executive Officer of the Institute of Company Secretaries of India. He as an Independent Director strengthens the Company’s Board with his vast experience and specialization in Legal and Compliance matters. He is serving as the Director on Company’s Board since August 10, 2024.

Ms. Seema Singh (Independent Director) Ms. Seema Singh completed her post-graduation (M.Sc) from Lucknow University in the year 1984. Also a qualified JAIIB and CAIIB from Indian Institute of Banking & Finance, Mumbai. She is holding over 33 years of experience in the Banking sector in the areas of Management and Development, Profit Center Management, Business Development, Administration, Client Servicing, Audit & Inspection, Operations, Sales, Marketing and Finance as CFO, treasurer, Appellant Authority, Chief Vigilant Officer. Having experience of setting up of two Public Sector Banks, India Post Payments Bank and Bharatiya Mahila Bank, both being Government of India Initiatives. Presently, she is the Lead HR & Talent Acquisition in EURO Exim Bank. She was ex CHRO & CFO of India Post Payments Bank. She is serving as the Director on Company’s Board since August 10, 2024.

Year Events 1999 Incorporated as 'PNC Construction Company Private Limited' 2001 Received 'Super Special' class certification from Military Engineer Services Executed first independent highway project with NHAI, being the four-laning of the Agra-Gwalior section of National Highway 3 in Uttar Pradesh. 2003 Received bonus from NHAI for ahead of scheduled completion of four-laning of the Agra-Gwalior section on National Highway in Uttar Pradesh, independently. 2004 Received ISO 9001:2000 Certification 2005 Executed first International airport runway project for Airports Authority of India at Kolkata 2006 Crossed 1,500 million in Revenues 2007 Awarded BOT Road project by Madhya Pradesh Road Development Corporation Limited 2008 Commenced construction of Power Transmission Lines comprising the Construction Project of approximately 350 kilometres of 132/220 KV lines on a turn-key basis, for Uttar Pradesh Power Transmission Corporation Limited 2009 Crossed 5000 million in Revenues Won contract to improve the Gurgaon-Nuh-Rajasthan Border (State Highway 13) by four-laning, widening, strengthening, providing drains, widening bridges and culverts, retaining structures and other miscellaneous work by the Haryana State Roads and Bridges Development Corporation Limited amounting to 3,380 million 2010 Received certification of ISO 9001:2008 Awarded first independent BOT road project to improve the Gwalior-Bhind Madhya Pradesh/Uttar Pradesh Border Road, a two-laning project through two sections on National Highway 92 Awarded two-laning with paved shoulders contract of Kanpur Kabrai section of National Highway 86 in Uttar Pradesh Awarded project of construction of 132 KV S/C and 220 KV D/C Lines in Uttar Pradesh 2011 Received an investment of 1,500 million from NYLIM Jacob Ballas, who subscribed to 5,686,833 Equity Shares Executed four-laning of Jaora- Nayagaon section on State Highway 31 in Madhya Pradesh 2012 Awarded two-laning project with paved shoulders of Raebareli to Jaunpur Section of National Highway 231 in Uttar Pradesh under NHDP IV Constructed road-over bridge on Ajmer Beawar Road, Old National Highway, including approaches at railway/ kilometer 306/8-9 on Ajmer Saradhana Section Constructed Hamipur Kalpi road (State Highway 91) four-lane under Rajya Yojna Samanya, Uttar Pradesh 2013 Awarded runway resurfacing project at Air Force Station, Gorakhpur Awarded and commenced toll collection on OMT basis of the Kanpur-Lucknow section of National Highway 25, Lucknow bypass of National Highway 56A and National Highway 56B and Lucknow-Ayodhya section of NH 28 in Uttar Pradesh on OMT basis by the NHAI for nine years from August 2013 2014 Executed a redevelopment and management project at Narela Industrial ahead of schedule Awarded EPC contract of Agra- Lucknow Expressway Package-I for 16357.5 million Entered into a Collaborative MoU with POSCO Engineering and Construction India Private Limited 2015 Listed on the NSE and BSE following successful IPO Achieved COD for three BOT-Toll Projects (Ghaziabad Aligarh, Kanpur-Kabrai and Bareilly- Almora) and commenced toll operations Commenced construction of Agra-Lucknow Expressway Package 2016 Completed 166 km long Raebareli-Jaunpur highway project on BOT Annuity project more than 3 months ahead of schedule in February 2016 Completed four-laning of 51-61 Km, including Chambal Bridge on Dholpur -Morena Section of NH-3 in the states of Rajasthan and MP in June 2016 Completed four-laning of Agra Bypass Project connecting km 176.800 of NH-2 and km 13.03 of NH-3 in the state of Uttar Pradesh in December 2016 Awarded two major NH projects on EPC mode (i) Four-laning of Nagina-Kashipur Section of NH 74 (ii) Four-laning of Varanasi-Gorakhpur section of NH-29 (Package II) for an aggregate contract price of 20,242 million 2017 Awarded four highway projects on Hybrid Annuity Model (HAM) with an aggregate Bid Project Cost of Rs 50,350 million and one of them - Dausa-Lalsot- Kauthun Section HAM project achieved financial closure well before time Traffic opened on Agra-Lucknow Expressway in February 2017, eleven months ahead of schedule and achieved provisional completion in October 2017 PNC Infratech assigned "Stable" outlook Credit ratings upgraded to stable outlook for projects such as MP Highways Private Limited, and PNC Raebareli Highways Private Limited 2018 Awarded three more highway projects on HAM, with an aggregate Bid Project Cost of 45,130 million till July 2018 Received 582.3 million early completion bonus for Agra-Lucknow Expressway package in February 2018 from Uttar Pradesh Expressways Industrial Development Authority Awarded two contiguous packages of Purvanchal Expressway Project on EPC mode for a total cost of 25,200 million Received 337.3 million towards the ‘Bonus Annuity’ PNC Raebareli Highways Private Limited in May 2018 from National Highways Authority of India Awarded 4th Package of Nagpur-Mumbai Six Lane Super Communication Expressway in the state of Maharashtra, on EPC basis for a contract price of 19995.2 million by MSRDC 2019 Received final Completion Certificates for two of EPC Projects awarded by MoRTH (Barabanki - Jarwal and Sonauli-Gorakhpur) Received 'Provisional Completion Certificate' Improvement/Augmentation of 146.4 km long Aligarh-Moradabad Section of NH-93 to two lanes with paved shoulders project, 73 days ahead of the scheduled completion date and entitled for early completion bonus 2020 Achieved provisional completion and commercial operation date (COD) for four laning/two lanig with paved shoulders of 83.5 km long Dausa-Lalsot-Kauthun section of NH-11 A (Extension) in the state of Rajasthan under NHDP IV, on Hybrid Annuity Mode Secured four new highway projects on Hybrid Annuity Mode (HAM), form National Highways Authority of India for aggregate Bid project cost of 65960 Million Secured two new highway projects on EPC mode from National Highways Authority of India for aggregate contract value of 1,5478 Million 2021 Secured four laning of Meerut-Nazibabad section of NH-119 on HAM mode Secured 2 Packages of Delhi-Vadodara Alignment of Eight Lane Access Controlled Greenfield Expressway on EPC mode Commenced Construction of Haraulipur Group of Villages (125 Nos) Water Supply Project comprising surface and ground water supply schemes and allied works including commissioning, operation and maintenance for 10 years in the Hamirpur district of Uttar Pradesh Upgraded Canal System from Pothireddypadu Head Regulator and BCR Complex from foreshore of Srisailam Reservoir and lmprovements to existing SRBC/GNSS Canal up to berm level from Banakacherla Complex to Gorukallu Balancing Reservoir from KM 0.000 to KM 56.775 Secured Survey, Design, Preparation of DPR, Construction, Commissioning and O&M for l0 years of Rural Water Supply Project in 979 villages in Devipatan Division of Uttar Pradesh Secured Survey, Design, Preparation of DPR, Construction, Commissioning and O&M for l0 years of Rural Water Supply for a total village of 2,475 in six districts of Uttar Pradesh from the State Water Supply & Sanitation Mission, Namami Gange & Rural Water Supply Department 2022 Secured three (3) new EPC Projects for Survey, Design, Preparation of DPR, Construction, Commissioning and O&M for 10 years of Rural Water Supply for a total village of 2,337 in Badaun, Aligarh and Barabanki Districts of Uttar Pradesh from the State Water Supply & Sanitation Mission, Namami Gange & Rural Water Supply Department, Government of Uttar Pradesh Received Letter of Award (LOA) from NHAI for seven new projects on Hybrid Annuity Mode with an aggregate bid project cost of 84,460 million Achieved provisional completion and Commercial Operation Date (COD) for four HAM projects awarded by NHAI (Aligarh - Kanpur Pkg-II, Jhansi - Khajuraho Pkg-II, Chitradurga – Davengere, and Jhansi - Khajuraho Pkg-I) Received provisional completion certificates for, two of its EPC projects awarded by UPEIDA (Purvanchal Expressway Package V & Package VI) and one of its EPC project awarded by NHAI (Nagina Kashipur) Received final completion certificate for one of its EPC project awarded by NHAI (Varanasi Gorakhpur Package II) Received 826.8 million as early completion bonus for Purvanchal Expressway (Package V) in March 2022 from Uttar Pradesh Expressways Industrial Development Authority Received certificates from Asia Book of Records and India Book of Records for highest quantity of bituminous mix (42,666 MT) laid and the longest length of flexible pavement (50.03 Lane Km) constructed in 100 hours at Delhi Vadodara Greenfield Expressway (Package-29) 2023 Received ₹370.2 Million early completion bonus for Purvanchal Expressway Package VI EPC Project in April 2022 from Uttar Pradesh Expressways Industrial Development Authority Singed Concession Agreements for seven new Hybrid Annuity Mode highway and expressway projects of National Highways Authority of India for an aggregate Bid Project Cost of ₹84,460.0 Million, during the year 2022-23 Secured a Railway Project on EPC Mode from Haryana Orbital Rail Corporation Limited for an aggregate contract value of ₹7,714.6 Million in March 2023 Secured three Hybrid Annuity Mode (HAM) Highway Projects from National Highways Authority of India and one from Ministry of Road Transport & Highways for aggregate Bid Project Cost of ₹48,834.3 Million in March 2023 Received Provisional Completion Certificate for project namely "6-laning of Chakeri to Allahabad section of NH-19 in the state of UP under NHPD Phase-V on Hybrid Annuity Mode", in March 2023 2024 Received Provisional Completion Certificate for 3 HAM Projects Received Completion Certificate for 2 EPC Projects Bagged one EPC and one HAM projects worth over ₹ 18,000 million Executed Master Securities Purchase Agreement for divestment of equity in 11 hybrid annuity road assets and 1 toll road asset for ₹ 90,057 million Received ₹ 422.1 million towards Arbitration Awards for Gurgaon-Nuh Rajasthan Border Received ₹ 2,502.9 million from NHAI under the ‘Vivad Se Vishwas’ Scheme