Pursuant to Reg. 30(2) of SEBI LODR, Regulations, 2015 (LODR) and in accordance with the requirements of Schedule III of LODR, we wish to inform you regarding the outcome of 19th Stakeholders ....
Awaiting price reaction for this filing.
Punj Lloyd Ltd, currently under liquidation, has disclosed the outcome of its 19th Stakeholders Consultation Committee (SCC) meeting held on April 23, 2025. The Liquidator briefed SCC members on the progress of the ongoing sale process for the liquidation of the company on a going concern basis. The committee also discussed the way forward to complete this sale process. The filing is made under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
Shareholders should note that the company remains under liquidation with no indication of revival through a resolution plan; the outcome of the going-concern sale will determine whether and how much recovery shareholders may ultimately receive. This update is procedural and does not signal any immediate change in the stock's status.