Disclosure regadign reason for delay in submission of financial results for the Quarter and Year ended March 31, 2025 in terms SEBI Master Circular No.SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated ....
Awaiting price reaction for this filing.
Punj Lloyd Ltd, currently in liquidation, has informed the stock exchanges about further delay in submitting its financial results for the quarter and year ended March 31, 2025. The company has not filed audited or unaudited financial results since the financial year ended March 31, 2019 — a delay of over six years. The NCLT (National Company Law Tribunal) ordered the company into liquidation as a going concern on May 27, 2022, after the lone resolution plan was rejected. The liquidation period has now been extended by the NCLT until September 11, 2025. The company has attributed the continued delay in financial reporting to unavoidable reasons arising from the ongoing liquidation process. It has assured exchanges that best efforts are being made to regularize the situation at the earliest.
This filing signals continued distress for shareholders — the company remains in liquidation with no financial results available for over six years, leaving investors with little visibility into the company's financials. The stock is highly risky and trading is largely sentiment-driven, with no clear timeline for resolution or recovery of shareholder value.