Adani Infra starts Punj Lloyd acquisition process
after close1 source ↓written by the desknot a recommendation
- 12 Feb 2026
Adani Infra (India) Limited has initiated the implementation of its acquisition plan for Punj Lloyd Limited, following NCLT approval on 12 Feb 2026. This restructuring involves strategic transfers across various segments, including defence and aviation assets, highlighting the complexity of the acquisition.
• Defence unit transfer to Adani Defence Systems via a Business Transfer Agreement.
• Aviation asset sale involving shares of Air Works India sold to ADSTL.
This development is significant for the engineering and construction sector.
Not investment advice. For informational purposes only.