Below are the squads for the 2012 AFC Challenge Cup in Nepal, that took place between 8 and 19 March 2012. The players' listed age is their age on the tournament's opening day (8 March 2012).

Group A Turkmenistan Coach: Ýazguly Hojageldiýew

Maldives Coach: István Urbányi

Nepal Coach: Graham Roberts

Palestine Coach: Jamal Mahmoud

Group B North Korea Coach: Yun Jong-Su

Philippines Coach: Michael Weiß

India Coach: Savio Medeira

Tajikistan Coach: Kemal Alispahić

References