Adani Infra acquires Punj Lloyd with NCLT approval
after close1 source ↓written by the desknot a recommendation
- dated
- 12 Feb 2026
The National Company Law Tribunal (NCLT) has approved Adani Infra's ₹281.10 cr acquisition of Punj Lloyd on a 'going concern' basis. This approval, dated 12 Feb 2026, allows Punj Lloyd to continue operations under the 'clean slate' principle, providing immunity from past liabilities. This strategic move may enhance Adani Infra's market position in the construction sector.
• Acquisition value: ₹281.10 cr
• NCLT approval date: 12 Feb 2026
• Operational continuity assured
Not investment advice. For informational purposes only.