Punj Lloyd Limited has informed the Exchange about Corporate Insolvency Resolution Process : This is to infrom you that in terms of Regulation 32 B of the Insolvenyc and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 the Twenty Fourth meeting of the Stakeholders Consultation Committee of Punj Lloyd Ltd. is scheduled to be held on 25th March 2026 at 3.00 P.M. at Punj Lloyd Limited, Corporate office, Plate No. 2, Second Floor, Tower No. 2, NBCC Plaza, Sector V, Pushp Vihar, Saket, New Delhi - 110017 as well as through audio and visual mode, to discuss the developments taken place in Liquidation process of the Company.
Awaiting price reaction for this filing.
Punj Lloyd Limited has informed the exchanges that the 24th meeting of its Stakeholders Consultation Committee will be held on 25th March 2026 at 3:00 PM, both at its corporate office in New Delhi and via video conferencing. The meeting is being called under the IBBI (Liquidation Process) Regulations, 2016, to discuss the latest developments in the company's ongoing liquidation process. The filing is a routine procedural disclosure under SEBI's Listing Regulations and does not contain any new financial figures or material developments. The company is already in liquidation, meaning creditors are looking to recover dues through asset sales rather than a revival plan.
For shareholders, this is largely a procedural update with no immediate effect on stock price. However, it serves as a reminder that the stock remains in liquidation and equity holders are unlikely to receive any meaningful recovery, as lenders and other creditors are typically paid first from liquidation proceeds.