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acquisitionAnnounced · Mar 11, 2026DefenceSource · Unverified ReportsArticle · 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 2026-03-11. Figures and status may change as filings and press coverage update.
The company wholly owned subsidiary , Adani Defence Systems & Technologies Ltd , has finalized the acquisition of Punj Lloyd Ltd Defence Unit and secured a 14.2% stake in Air Works India , marking significant expansion in critical infrastructure sector s
Deal timeline
Announced
Mar 11, 2026 · scanx.trade
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: scanx.trade · Primary article · FireStrike proprietary index