Punj Lloyd Ltd

Pursuant to Regulation 30 (2) of SEBI (LODR) Regulations 2015 aand in accordance with Schedule III of SEBi (LODR) we wish to inform you regarding the outcome of 10th SCC meeting of Punj Lloyd Ltd. held on 09.11.2023.In the meeting of SCC the Liquidator (LQ) of the company informed the SCC members regarding the ongoing sale process of movable assets owned by the Company and located in the country of Oman in accordance with the advice of the SCC in its 6th meeting. Thereafter the Resolution to deliberate and advice the LQ by way of voting on the matters pertaining to the sale of the movable assets of the company under Reg. 32 of IBBI (Liquidation Process) Regulations 2016 as amended including manner of sale Ore bid qualifications Reserve Price marketing strategy and auction for the next round of E-auction for sale of movable assets of the Company in Oman was put forth before SCC members and same has been approved by requisite majority of not less than 66% of SCC representatives.