Punj Lloyd Schedules 25th SCC Meeting to Discuss Liquidation Timeline Extension
Punj Lloyd Limited has scheduled its 25th Stakeholders Consultation Committee meeting for May 7, 2026, at 11:30 A.M. at its New Delhi corporate office, in physical and audio-visual mode. The meeting, called under Regulation 32B of the IBBI (Liquidation Process) Regulations, 2016, aims to seek advice on extending the company's liquidation timeline. The disclosure was signed by Company Secretary Adhish Swaroop on May 6, 2026.
*this image is generated using AI for illustrative purposes only.
Punj Lloyd Limited has announced the scheduling of its Twenty Fifth meeting of the Stakeholders Consultation Committee (SCC), convened to seek advice on extending the timelines for the company's ongoing liquidation process. The disclosure was made under Regulation 30(2) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Meeting Details
The meeting has been scheduled in accordance with Regulation 32B of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. The following are the key details of the scheduled meeting:
| Parameter: | Details |
|---|---|
| Meeting Number: | Twenty Fifth (25th) Stakeholders Consultation Committee Meeting |
| Date: | May 7, 2026 |
| Time: | 11:30 A.M. |
| Venue: | Punj Lloyd Limited, Corporate Office, Plate No. 2, Second Floor, Tower No. 2, NBCC Plaza, Sector V, Pushp Vihar, Saket, New Delhi – 110017 |
| Mode: | Physical as well as Audio and Visual mode |
| Purpose: | To seek advice for extending the timelines for the liquidation period of the company |
Regulatory Context
The meeting has been called under Regulation 32B of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. The Stakeholders Consultation Committee serves as a key body during the liquidation process, providing guidance and advice to the liquidator on matters pertaining to the conduct and timeline of liquidation proceedings.
The disclosure to the stock exchanges was signed by Adhish Swaroop, Company Secretary of Punj Lloyd Limited, on May 6, 2026.
What specific factors have caused repeated delays in Punj Lloyd's liquidation process, and how much longer could the extended timeline realistically stretch?
How will further extension of the liquidation period impact the recovery prospects for secured versus unsecured creditors of Punj Lloyd?
Are there any potential buyers or resolution applicants who could still submit a revival plan for Punj Lloyd's assets before liquidation is finalized?
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