Pursuant to Regulation 30(2) of SEBI(LODR) Regulations, 2015 (LODR)read with Schedule III of SEBI LODR we wish to inform you that in furtherance of to ur intimation sent to the Stock Exchnage(s) ....
Awaiting price reaction for this filing.
Punj Lloyd Ltd, which is already in liquidation, informed the stock exchanges that the National Company Law Tribunal (NCLT), Principal Bench in New Delhi has granted a further 6-month extension to complete its liquidation process, with the new deadline set as March 12, 2026. This follows an earlier intimation from April 21, 2025, and is based on an NCLT order dated September 23, 2025, in the Section 7 IBC case originally filed by ICICI Bank. The company continues to operate under the IBC liquidation framework with the liquidator directed to finish the process within the extended timeline.
Shareholders should treat this as a negative development — the company remains deep in distress with no path to revival, and the repeated extensions suggest asset sales and recoveries are taking longer than expected. Equity holders are unlikely to receive any meaningful value from the liquidation process.