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Punj Lloyd Limited signs BTA, SPA with Adani Infra (India) Limited arm to implement NCLT-approved acquisition plan

Synopsis: Punj Lloyd (in liquidation) has executed a Business Transfer Agreement for sale of its Defence Unit and a Share Purchase Agreement for divestment of Air Works India stake to Adani Defence Systems and Technologies Ltd, as part of the acquisition plan approved by the NCLT.   New Delhi: Punj Lloyd Limited (in liquidation) has […]