Punj Lloyd Limited — Important, 04-07-2025: Updates

Punj Lloyd Ltd is under liquidation as per NCLT orders after failing to get approval for its resolution plan. The company has been directed to continue liquidation as a going concern, with the appointed Liquidator overseeing the process. Financial distress persists, with the company unable to meet its loan and vendor obligations. Extensions have been granted for completing the liquidation. This reflects ongoing operational disruption and uncertainty about the company’s future financial recovery.