Please find encclsoed Annual Seccretarial ompliance Report for the year ended 31.03.2025 under Regulation 24 A of SEBI (LODR) Regulations, 2015
Awaiting price reaction for this filing.
Punj Lloyd Ltd (In Liquidation) filed its Annual Secretarial Compliance Report for FY2024-25, covering compliance with SEBI LODR regulations. The company has been under Corporate Insolvency Resolution Process (CIRP) since March 8, 2019, and under liquidation as a going concern since May 27, 2022, with Mr. Ashwini Mehra appointed as Liquidator. The report notes multiple non-compliances, primarily delayed filing of Corporate Governance Reports (Reg. 27) and Financial Results (Reg. 33), with financial statements from FY ending March 31, 2019 still under compilation. Statutory auditors BGJC & Associates LLP resigned on November 28, 2024. No monetary fines were imposed, and the company has responded to all exchange queries explaining the delays are due to its CIRP/liquidation status.
This filing does not change the stock's status but confirms the company remains in liquidation with no operational recovery yet. Shareholders should note the prolonged inability to finalize even five-year-old financials means near-term revival prospects remain weak and uncertainty over asset sale outcomes continues.