Punj Lloyd Limited has informed the stock exchanges about the reasons for the delay in submitting its financial results for the quarter ended December 31, 2025. The company has been facing delays in compilation of financial results since April 1, 2019. The National Company Law Tribunal (NCLT) ordered the liquidation of Punj Lloyd Ltd. as a going concern on May 27, 2022. Subsequently, the NCLT extended the liquidation period until March 12, 2026, via an order dated September 23, 2025. The liquidator is currently managing the process under the Insolvency and Bankruptcy Code, 2016. In a significant development, the NCLT, on February 12, 2026, approved an acquisition plan submitted by Adani (Infra) India Limited for Punj Lloyd on a going concern basis. The company assures that efforts are being made to regularize the issue and submit the financial results for the quarter ended December 31, 2025, in due course.
