Punj Lloyd Ltd to Sell 100% Shareholding in Punj Lloyd Industries Limited to Diversified India Growth Fund

Punj Lloyd Ltd has entered into a share purchase agreement with Diversified India Growth Fund for the sale of 100% of the shareholding in Punj Lloyd Industries Limited. The total revenue of Punj Lloyd Industries Limited in the last financial year (FY 24-2025) was INR 12,39,000. The agreement was entered into on March 31, 2026, and the expected completion date is also on March 31, 2026. The consideration received from the sale is INR 1.73 per share. Diversified India Growth Fund is an alternative investment scheme of Diversified India Growth Trust and is registered as a Category II Alternative Investment Fund with the Securities and Exchange Board of India. None of the buyers belong to the promoter, promoter group, or group companies.