Adani Enterprises Ltd

Adani Defence Acquires Punj Lloyd Unit in Malanpur 🏭

• Adani Defence Systems & Technologies Ltd. (ADSTL) acquired the Defence Unit of Punj Lloyd Ltd. located in Malanpur, Madhya Pradesh

• Acquisition finalized on March 10, 2026, at 11:34 PM IST

• Transaction completed as per the Business Transfer Agreement executed on February 28, 2026