Adani Enterprises Limited has issued a clarification regarding the execution date of the Share Purchase Agreement (SPA) between its subsidiary, Adani Defence Systems & Technologies Ltd (“ADSTL”), and Punj Lloyd Aviation Ltd (“PLAL”). Previously announced as March 1, 2026, the correct date of execution for the SPA is officially February 28, 2026. This update is necessary for accurate regulatory filings concerning the transaction.
Clarification on Share Purchase Agreement Execution
Adani Enterprises Limited has submitted an important update concerning a previously disclosed transaction. This notification specifically relates to the Share Purchase Agreement (SPA) signed between Adani Defence Systems & Technologies Ltd (“ADSTL”), a wholly owned subsidiary, and Punj Lloyd Aviation Ltd (“PLAL”).
Correction of Transaction Date
The company wishes to draw attention to its prior intimation dated March 1, 2026. It has been confirmed that an error was made in stating the date of execution. Please note the following necessary correction:
- Incorrect Date Previously Stated: March 1, 2026
- Correct Date of Execution: February 28, 2026
Stakeholders are requested to amend their records to reflect that the Share Purchase Agreement was formally executed on February 28, 2026.
Filing Details
This clarification has been formally communicated to the stock exchanges as required. The document was authorized by Jatin Jalundhwala, Company Secretary & Joint President (Legal), affirming the official status of this correction.
Source: BSE