PUNJLLOYDNSEPunj Lloyd Limited· ConstructionHighNegative
Announced Wed, 31 Dec · 21:08 IST

Punj Lloyd Limited has informed the Exchange about Corporate Insolvency Resolution Process : Pursuant to Reg. 30(2) of SEBI (LODR) Reg''s.2015 (LODR) & in accordance with req. of Sch. III of LODR we wish to inform you reg. the outcome of 23rd Stakeholders Consultation Committe meeting (SCC) of Punj Lloyd Ltd. held on 10.12.2025, the evoting of which closed yesterday. The Liqudator (LQ) of the Company appraised the SCC members regarding the developments which have taken place post the developments which have occured after the conclusion of 22nd SCC meeting held on 13.10.2025. Thereafter the LQ of the Company discussed the way forward to give effect to the developments taken place in the process of Liquidation of the Company on going concern basis. The SCC with requisite majority has advised the LQ on matters related to the Liquidation of the Company.

Nclt Insolvency AdmittedRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Punj Lloyd Limited, which is currently in liquidation, informed the stock exchanges about the outcome of its 23rd Stakeholders Consultation Committee (SCC) meeting held on December 10, 2025, with e-voting closing on December 30, 2025. The Liquidator briefed SCC members on developments since the 22nd SCC meeting held on October 13, 2025. The Liquidator also discussed the way forward to execute the liquidation of the company on a going concern basis. The SCC, with the requisite majority, advised the Liquidator on matters related to the liquidation process.

Likely market impact

This filing is largely procedural and does not change the fundamental status of the company, which remains in liquidation. Shareholders should note that the liquidation process is ongoing, and the outcome of these consultations will shape how the company's assets are eventually sold or restructured on a going concern basis.