BSEPunj Lloyd LtdLowNeutral
Announced Tue, 9 Sept · 16:49 IST

As your good self was already aware that Punj Lloyd Limited ("the Company") is undergoing liquidation on a going concern basis vide Hon''ble National Company Law Tribunal, Principal Bench ....

Going ConcernResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Punj Lloyd Ltd has informed the stock exchanges that its audited financial results for the financial year ended 31 March 2019 will be taken up for approval on 16 September 2025. The company has been under liquidation on a going concern basis since the National Company Law Tribunal (NCLT) order dated 27 May 2022. As a result of the liquidation, the powers of the Board of Directors and key managerial personnel no longer exist and have been transferred to the Liquidator. This is essentially a notice of a meeting rather than a disclosure of new financial numbers at this stage.

Likely market impact

This filing does not contain financial results yet — it only notifies that old FY2019 results will now be considered and approved. Shareholders should note that the company remains under liquidation, meaning equity holders face significant risk and recovery is uncertain. The unusually long delay in finalising even FY2019 audited results underscores the distressed status of the company.