Punj Lloyd Limited has informed the Exchange about Corporate Insolvency Resolution Process : Pursuant to Regulation 30(2) of SEBI LODR Regulations 2015(LODR) and in accordance with the requirements of Schedule III of LODR, we wish to inform rehgarding the outcome of the 20th Stakeholders Consultation Committee Meeting (SCC) of Punj Lloyd Ltd. held on 10.06.2025. The Liquidator(LQ) of the Company appraised the SCC members regarding the developments which have taken place in the ongoing sale porcess involved in the Liquidation of the Company on going concern basis. Thereafter the LQ of the Company discussed the wayforward to complete the above said process.
Awaiting price reaction for this filing.
Punj Lloyd Limited, which is currently under liquidation, held its 20th Stakeholders Consultation Committee meeting on June 10, 2025. The Liquidator briefed committee members on the progress of the ongoing sale process being carried out on a going concern basis to liquidate the company's assets. The Liquidator also discussed the way forward to complete the sale process. The filing is a routine regulatory disclosure under SEBI LODR regulations and does not announce any new resolution or breakthrough in the sale process.
This is a procedural update with no new positive development. The company remains in liquidation, meaning equity shareholders are very unlikely to recover any value, and the stock is effectively illiquid and near worthless. Investors should treat any trading in this scrip as extremely high risk.