Punj Lloyd Limited has informed the Exchange about Corporate Insolvency Resolution Process : Pursuant to the provisions of Regulation 29 (1) (a) of SEBI ( LODR) Regulations, 2015, as amended, it is hereby informed that the meetign of Board of Directors of the Company is scheduled to be held on Monday, June 1st, 2026,inter alia for considering and approving the the Audited Financial Statements of the Company for the Financial year ended March 31, 2026 along with the Audited Financial Statemetns ofearler Financial Year(s), when the Company was undergoing liquidation process.
Awaiting price reaction for this filing.
Punj Lloyd Limited has announced a Board meeting on June 1, 2026 to consider and approve audited financial statements for FY 2025-26 (standalone and consolidated), along with audited statements from earlier financial years when the company was undergoing liquidation process. This indicates the company is in the process of completing its delayed financial reporting obligations that accumulated during its insolvency proceedings. The company had previously announced closure of its Trading Window for dealing in securities on March 27, 2026.
The approval of long-pending audited financial statements marks a significant step in Punj Lloyd's emergence from insolvency proceedings. This could signal revival progress and may attract investor attention once the company emerges from its current status.