With reference to the above captioned subject we hereby submit the soft copy of the 31st Annual General Meeting Notice and Annual Report for the financial year 2018 - 2019 as per Regulation ....
Awaiting price reaction for this filing.
Punj Lloyd Limited, which is currently in liquidation, has submitted the notice and annual report for its 31st AGM covering financial year 2018-19, with the meeting scheduled for October 29, 2025 via video conferencing. The AGM agenda includes adoption of audited financial statements for FY ended March 31, 2019, appointment of M/s. Kashyap Sikdar & Co. as statutory auditors to fill the casual vacancy left by the resignation of BGJC & Associates LLP, and their re-appointment for a 5-year term until the 36th AGM. Shareholders will also vote on branch auditor authorizations and ratify cost auditor remuneration of Rs. 1.20 lakh to M/s. SGTC and Associates for FY 2018-19 (amended upward from the earlier approved Rs. 66,000) plus the same amount for FY 2019-20. The notice also discloses that Rs. 7,23,551 of unclaimed dividend for FY 2011-12 and 19,54,879 equity shares have been transferred to the IEPF.
The AGM is being held more than six years after the relevant financial year, underscoring the company's prolonged liquidation status; shareholders will finally vote on these long-pending accounts and auditor changes, but given the company is in liquidation, there is little prospect of dividend or value recovery for equity holders.