Punj Lloyd Limited Announces Preferential Issue of 5,00,000 Equity Shares to Adani Infra and Others
Punj Lloyd Limited has approved a preferential issue of 5,00,000 equity shares worth ₹10,00,000 on March 12, 2026, as part of implementing the NCLT-approved acquisition plan by Adani Infra (India) Limited. Adani Infra will receive 4,75,000 shares for ₹9,50,000, while Dincum Growth Fund Mauritius will get 25,000 shares for ₹50,000. This follows the reconstitution of the company's board and represents a key milestone in the acquisition process that began with NCLT orders in February 2026.
