Punj Lloyd Ltd Acquired by Adani Infra (India) Limited for INR 281.10 Crores

In accordance with Regulation 30 of Securities and Exchange Board of India Regulations, 2015 (LODR) and Schedule III of LODR, Punj Lloyd Ltd has been acquired by Adani Infra (India) Limited for a total sale consideration of INR 281.10 crores. The acquisition was made on a going concern basis pursuant to the liquidation process of the Company under the provisions of the Insolvency and Bankruptcy Code, 2016 and the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, and the order of the National Company Law Tribunal, Principal Bench, New Delhi dated February 12, 2026. The Successful Bidder has also executed undertakings to assume liability against the underlying bank guarantees.