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LIQUIDATOR OF PUNJ LLOYD
NCLT grants Punj Lloyd liquidator extension till July 23 for dissolutionICICI Bank had approached the NCLT in 2018 to initiate insolvency proceedings against Punj Lloyd after it defaulted on a ₹854 crore loan.
Bankrupt Punj Lloyd fails to draw biddersAs a result, the liquidator of the insolvent engineering firm will have to approach the shareholders' consultative committee to reduce the ...
NCLT adjourns claim pleas against Punj LloydIn the case of the invocation of bank guarantee by Mitsubishi Heavy Industries Limited, the bench part heard the matter and listed it for J...
Adani’s acquisition of Air Works delayedAdani group's proposed acquisition of maintenance, repair and overhaul (MRO) company Air Works has got delayed after a major shareholder in...
Punj Lloyd goes into liquidation as lenders reject bidOriginally, private sector lender ICICI Bank had approached the tribunal to admit the company under the Corporate Insolvency Resolution Pro...
Punj Lloyd bags Rs 2,070-crore pipeline orders in OmanPunj Lloyd, the diversified engineering, procurement and construction conglomerate, today announced that it has bagged oil and gas EPC orde...
Punj Lloyd to refinance up to Rs 1400 cr debt into dollar loansPunj Lloyd planns to refinance up to Rs 1,400 crore of debt into dollar loans over the next six months.
- Punj Lloyd net loss at Rs 17.92 crore in Q2
The company had reported a net profit of Rs 24.74 crore during the corresponding quarter of the last fiscal.
- Avoid capital goods basket: Shrikant Chouhan
"We are just avoiding this basket. Specifically if there is any conviction or as we are expecting the market to trade well in next 2-3 mont...
- Citigroup maintains `Sell’ rating on Punj Lloyd
Punj Lloyd reported Q1FY11 PAT loss of 30.6 crore, significantly below the estimate of 43.9 crore profit.
- Reliance looks slightly positive: Hemen Kapadia
ET Now talks to Hemen Kapadia, CEO, www.chartpundit.com (Technical Check).
- Maintain 'reduce' on Punj Lloyd with target of Rs 171: Kotak
Kotak Securities has maintained “Reduce” recommendation on Punj Lloyd after Ensus levied liquidated damages to the tune of 23.1 mn GBP for ...
- Use correction to buy, stay away from Reliance Industries: Geojit BNP Paribas
Gaurang Shah, Chief Manager, Geojit BNP Paribas feels that that even any correction in the market is an opportunity to buy.
- Punj Lloyd plans $150-mn pvt placement
Delhi-based Punj Lloyd is planning to raise $125-150 million by placing fresh equity with institutional buyers to retire part of its high-c...
- Ambit retains ‘HOLD’ on Punj Lloyd
Ambit Capital has retained ‘HOLD’ rating on Punj Lloyd Ltd with a SOTP-based target price of Rs 110 (valued at Rs 98 based on 8xFY10E earni...
- Construction stocks fail to get leg-up from stimulus, budget
The ET Construction Index is down by 17.03% and 26.7% since the first and second stimulus package vis-a-vis Sensex’s fall of 2.8% and 10.6%...
- Punj Lloyd bags Rs 302 cr order
Construction firm Punj Lloyd Ltd on Monday said it has bagged a project worth Rs 302 crore from Road Infrastructure Development Company of ...