PUNJLLOYDNSEPunj Lloyd Limited· ConstructionHighNeutral
Announced Fri, 10 Oct, 2025 · 13:20 IST
NCLT grants six-month extension for Punj Lloyd liquidation
Price reaction
Awaiting price reaction for this filing.
AI summary
The NCLT, New Delhi, has allowed the liquidator six more months to complete Punj Lloyd's liquidation, extending the deadline to March 12, 2026. The order, dated September 23, 2025, follows the company's April 21, 2025 update on the ongoing process.
Likely market impact
The extension delays liquidation completion and any distribution to shareholders, keeping recovery timing and amounts uncertain.