This is to inform you that in terms of Regultion 32 B of The Insolvency & Bankruptcy Board of India (Liquidation Process) Regulations, 2016, the Twenty First meeting of the Stakeholders ....
Awaiting price reaction for this filing.
Punj Lloyd Ltd, currently under liquidation, has informed the stock exchanges that the 21st meeting of its Stakeholders Consultation Committee (SCC) will be held on August 19, 2025, at 2:30 PM. The meeting will discuss the way forward in the liquidation sale process, including the possibility of selling the company as a going concern. The disclosure is made under SEBI LODR Regulations and IBBI Liquidation Process Regulations. The company continues to operate under the liquidation framework rather than a successful resolution plan.
Shareholders remain uncertain about recovery as the company is in liquidation with no approved resolution plan so far. The 21st SCC meeting signals ongoing attempts to find a buyer, possibly as a going concern, which if successful could offer some value to stakeholders; otherwise, asset sales are likely to result in minimal recoveries.