BSEPunj Lloyd LtdHighNeutral
Announced Mon, 23 Mar · 12:22 IST

This is to infrom you that in terms of Regulation 32 B of the Insolvenyc and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 the Twenty Fourth meeting of the Stakeholders ....

Nclt Insolvency AdmittedRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Punj Lloyd Ltd has informed the stock exchanges that the 24th meeting of the Stakeholders Consultation Committee will be held on March 25, 2026, at 3:00 PM at the company's corporate office in New Delhi, also via audio-visual mode. The meeting is being conducted under Regulation 32B of the IBBI (Liquidation Process) Regulations, 2016, to discuss developments in the company's ongoing liquidation process. This is a routine procedural update regarding the company's liquidation proceedings and not a new corporate action.

Likely market impact

For shareholders, this confirms the company remains in active liquidation with no indication of a revival or resolution plan. Stock continues to trade as a distressed/liquidation case, and existing equity holders are unlikely to recover meaningful value as liquidation typically results in significant or total equity erosion.