Adani Infra starts Punj Lloyd acquisition implementation
pre-market1 source ↓written by the desknot a recommendation
- 12 Feb 2026
Adani Infra (India) Limited has commenced the implementation of its acquisition plan for Punj Lloyd Limited, following NCLT approval on 12 Feb 2026. This restructuring involves strategic transfers across Punj Lloyd's segments, including defence operations and aviation assets.
• Defence Unit Transfer to Adani Defence Systems via Business Transfer Agreement
• Aviation Asset Sale involving shares of Air Works India to ADSTL
This acquisition marks a significant step in Punj Lloyd's liquidation process, potentially impacting market sentiment.
Not investment advice. For informational purposes only.