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Adani Infra acquires Punj Lloyd for ₹281 crore

PRIVATEMar 10, 2026

Acquiring Company

Adani Global Limited

Acquired Company

Punj Lloyd Limited

AhmedabadIndiaEnergyOil And GasArtificial IntelligenceTransportationRenewable EnergyBlockchainSolarConsultingMiningLogisticsBiomass EnergyUtilitiesEnergyOil And GasConstructionCivil Engineering

Description

Adani Infra (India) Ltd has successfully acquired Punj Lloyd Ltd for ₹281.10 crore as part of the liquidation process. The acquisition was approved by the National Company Law Tribunal and aims to continue operations on a going concern basis. Punj Lloyd had been in insolvency proceedings due to substantial debt, and this acquisition is expected to help restructure its operations.

Quick answer

Adani Global Limited is acquiring Punj Lloyd Limited for $29.9 million, announced March 10, 2026. Adani Global Limited is based in Ahmedabad, Gujarat, India.

How much did Adani Global Limited pay for Punj Lloyd Limited?
The reported deal value is $29.9 million.
What does Adani Global Limited do?
Adani Global Limited is a subsidiary of Adani Enterprises, focusing on diverse business sectors including metals and mining.
Where are Adani Global Limited and Punj Lloyd Limited based?
Adani Global Limited is based in Ahmedabad, Gujarat, India. Punj Lloyd Limited is based in India.
Who are the decision-makers at Adani Global Limited?
Fundz holds 5 contacts at Adani Global Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Adani Global Limited

Location

Ahmedabad, Gujarat, India

About

Adani Global Limited is a subsidiary of Adani Enterprises, focusing on diverse business sectors including metals and mining. The company aims to enhance its operations in alumina extraction and aluminium smelting. As part of the Adani Group, it plays a crucial role in the conglomerate's strategic expansion efforts. AGL is dedicated to sustainability and innovation within its industry.

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Frequently asked

Who acquired Punj Lloyd Limited?

Punj Lloyd Limited was acquired by Adani Global Limited, based in Ahmedabad. The deal was reported on March 10, 2026. Adani Global Limited is a subsidiary of Adani Enterprises, focusing on diverse business sectors including metals and mining. The company aims to enhance its operations in alumina extraction and aluminium smelting. Adani Global Limited is privately held and operates in Energy.

When did Adani Global Limited acquire Punj Lloyd Limited?

Adani Global Limited's acquisition of Punj Lloyd Limited was reported on March 10, 2026. Adani Infra (India) Ltd has successfully acquired Punj Lloyd Ltd for ₹281.10 crore as part of the liquidation process. The acquisition was approved by the National Company Law Tribunal and aims to continue operations on a going concern basis. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Punj Lloyd Limited do?

Punj Lloyd Limited is an engineering and construction company specializing in various sectors including oil and gas, infrastructure, and energy. The company has been involved in large-scale projects across multiple regions. It is privately held, operating in Energy, and is based in India.

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