Punj Lloyd Ltd to Sell 100% Shareholding in Sembawang Infrastructure for INR 0.01 Per Share

Punj Lloyd Ltd has entered into a share purchase agreement with Diversified India Growth Fund for the sale of 100% of the shareholding in Sembawang Infrastructure (India) Private Limited. The agreement is for INR 0.01 per share. Sembawang Infrastructure did not have revenue in the last financial year. The expected date of completion of sale is March 31, 2026. 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. The transaction is not a related party transaction and is not done outside the Scheme of Arrangement.