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Punj Lloyd LimitedOthers, 13-02-2026: Corporate Insolvency Resolution Process

13-02-2026 | 11:09 am

Punj Lloyd Limited has informed the Exchange about Corporate Insolvency Resolution Process : This is furtherance to our earlier intimation dated February 12, 2026, regarding pronouncement of an oral order by Hon''ble National Company Law Tribunal,Principal Bench, New Delhi ("NCLT") on 12 February 2026 for allowing the application relating to approval of the acquisition plan submitted byAdani Infra (India) Limited ("AIIL") for acquisition of Punj Lloyd Limited ("PLL") on a going concern basis under the ongoing liquidation process. We are hereby ataching the copy of the order passed by Hon''ble NCLT dated February 12, 2026 (as downloaded from the website of the NCLT), wheereby the Hon''ble has allowed the application relating to approval of the acquisition plan submitted by AIIL for acquisition of PLL on a going concern basis under the ongoing liquidation process, in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016 read with the IBBI (Liquidation Process) Regulations, 2016.

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