Punj Lloyd Limited has informed the Exchange about Corporate Insolvency Resolution Process : his is to inform you that in terms of Regulation 32 B of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, the Twenty Fifth meeting of the Stakeholders Consultation Committee of Punj Lloyd Ltd. is scheduled to be held on 7th May 2026 at 11.30 A.M. at Punj Lloyd Ltd., 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 seek advice for extending the timelines for liquidation period of the Company.
Awaiting price reaction for this filing.
Punj Lloyd Limited has scheduled its 25th Stakeholders Consultation Committee meeting for May 7, 2026, to seek advice on extending liquidation period timelines. The meeting will be held at the company's corporate office in New Delhi and also through audio-visual mode. This disclosure is made under Regulation 32B of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. The company has been under formal liquidation process, and this meeting indicates the process is still ongoing. Punj Lloyd's scrip is listed on BSE (code: 532693) and NSE (symbol: PUNJLLOYD).
This announcement confirms Punj Lloyd remains in the liquidation phase of insolvency proceedings, with no resolution plan in place. Shareholders should note the company is not operational under any rescue plan, and the stock may be suspended or illiquid. The request to extend liquidation timelines suggests delays in asset realisation or creditor settlements.