Punj Lloyd Q1 FY27 loss; director and auditor changes approved

Punj Lloyd, under NCLT liquidation since May 2022, posted Q1 FY27 standalone loss of Rs 4.13 cr on revenue of Rs 15.86 cr. Consolidated loss was Rs 7.65 cr with deeply negative net worth of Rs 922.59 cr. Board recommended Shah Dhandharia as joint statutory auditor and appointed KVM as cost auditor. Rajeev Pal resigned; Rahul Singh Tomar from Adani Group appointed as director.