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acquisitionAnnounced · Mar 2, 2026DefenceSource · MagazinesArticle · Factual
Adani Defence & Aerospace acquires Punj Lloyd
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
—
Target
Punj Lloyd
BSE: PUNJLLOYD.BO · Gurgaon, Haryana
Acquirer
Adani Defence & Aerospace
Asset/Business Division Sale
Status
Announced
Adani Defence & Aerospace agreed to acquire Punj Lloyd. Reported deal value: Undisclosed. Status: Announced. Sector: Defence. Target headquarters context: Gurgaon, Haryana, India.
This page summarizes publicly available information about the transaction as of 2026-03-02. Figures and status may change as filings and press coverage update.
New Delhi: Adani Enterprises Limited has announced that its wholly-owned subsidiary, Adani Defence Systems & Technologies Ltd , has executed a Business Transfer Agreement with Punj Lloyd Ltd for the acquisition of the company Defence Unit at Malanpur , Madhya Pradesh through a slump sale
Deal timeline
Announced
Mar 2, 2026 · psuconnect.in
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Defence. Figures and status may change as sources update.
Sources: psuconnect.in · Primary article · FireStrike proprietary index