Pursuant to Regulation 24 A of SEBI (LODR) Regulations, 2015 the Annual Secretarial Compliance REport for the Financial Year ended Mrch 31, 2026 is enclosed.
Awaiting price reaction for this filing.
Punj Lloyd Ltd filed its Annual Secretarial Compliance Report for FY ended March 31, 2026. The company, which was under CIRP since March 2019 and liquidation as going concern since May 2022, saw a major development: Adani Infra India Limited (AIIL) was declared the successful bidder via NCLT orders dated February 12 and 17, 2026, and acquired the company as a going concern. AIIL subsequently became the promoter holding 95% of equity share capital. Compliance status is largely satisfactory with SEBI regulations; some non-compliances regarding delayed financial results (Regulation 33) and corporate governance reports were noted, explained by the company as being due to the liquidation process beyond its control.
This filing confirms the completion of Punj Lloyd's acquisition by Adani Infra India Limited, marking the end of a 7-year insolvency process. Shareholders should note the change in promoter group from the original promoters to Adani Infra India, and that the company is now under new management with likely changes to business strategy.