Adani Infra Gets NCLT Approval to Acquire Punj Lloyd on Going Concern Basis

Punj Lloyd Ltd has announced that Adani Infra (India) Limited (AIIL) has been approved by the National Company Law Tribunal Principal Bench, New Delhi (NCLT) for the acquisition of Punj Lloyd Limited (PLL) on a going concern basis under the ongoing liquidation process. This development is in line with the earlier announcement made by Punj Lloyd Ltd on October 18, 2025, where AIIL was declared and approved as the successful bidder for the acquisition of PLL. The final order is yet to be uploaded on the NCLT website, and further updates will be made within twenty-four hours of the same.