This is to inform you that in terms of Regulation 32 B of the IBBI (Liquidation Process) Regulations, 2016, The Twentieth meeting of the Stakeholders Consultation Committee of Punj Lloyd ....
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Punj Lloyd Ltd, which is currently in liquidation, has informed the stock exchanges that the 20th meeting of its Stakeholders Consultation Committee (SCC) will be held on June 10, 2025, at 3:00 PM at the company's corporate office in New Delhi and also via video conferencing. The meeting is being held under Regulation 32B of the IBBI (Liquidation Process) Regulations, 2016. The agenda is to discuss the way forward in the liquidation sale process, including the possibility of selling the company as a going concern. The disclosure is being made under Regulation 30(2) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
Punj Lloyd remains under liquidation and there is no indication yet of recovery for shareholders. The outcome of this meeting could clarify whether the company will be sold as a going concern or broken up, which may marginally affect any residual value for equity holders, though shareholders are typically last in the priority list during liquidation.