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Punj Lloyd - Press Release

Punj Lloyd Ltd has informed BSE that subject to statutory and regulatory clearances, the Company has signed an agreement, to divest interests in its ISP division to a JV formed between Shyam Group, the promoters of Shyam Telelink, a nationanwide unified service access licensee and Spanco Telesystems and Solutions Ltd (SPANCOe) one of the leading […]

Punj Lloyd - Press Release

Punj Lloyd Ltd has informed BSE that subject to statutory and regulatory clearances, the Company has signed an agreement, to divest interests in its ISP division to a JV formed between Shyam Group, the promoters of Shyam Telelink, a nationanwide unified service access licensee and Spanco Telesystems and Solutions Ltd (SPANCOe) one of the leading […]

Punj Lloyd - Grant of Stock Options to Employees

Punj Lloyd Ltd has informed BSE that pursuant to the provisions of Punj Lloyd Employees Stock Options Plan, 2006, the Remuneration Committee at its meeting held on May 30, 2008, has decided to grant 40,000 stock options to eligible employees of the Company.
The option grantees shall have the right to subscribe for one fully paid-up […]

Punj Lloyd announces Q4 & FY 08 results

Punj Lloyd Ltd has announced the following results for the quarter & year ended March 31, 2008:
The Unaudited results for the Quarter ended March 31, 2008
The Company has posted a net profit of Rs 1297.10 million for the quarter ended March 31, 2008 as compared to Rs 231.80 million for the quarter ended March 31, […]

Punj Lloyd - Updates

Punj Lloyd Ltd has informed BSE that PT Punj Lloyd Indonesia and Punj Lloyd Pte Ltd, Singapore, wholly owned subsidiaries of the Company have been awarded an EPC project for 2×30 MW Coal Power Plant in Kalimantan Island, Indonesia for a consolidated value of Euro 52 Mn (approx Rs 330 crores) by PT Makmur Sejahtera […]

Punj Lloyd - Updates

Punj Lloyd Ltd has informed BSE that the Company (i.e. Punj Lloyd Ltd) and its subsidiary Punj Lloyd Pte Ltd., Singapore have been awarded projects worth Rs 18640 million.
Sembawang Infrastructure (India) Pvt Ltd (a subsidiary of Sembawang Engineers and Constructors Pte Ltd, Singapore) has been awarded projects worth Rs 970 million.
With the award of above […]

Punj Lloyd - Updates

Punj Lloyd Ltd has informed BSE about the changes in the Key Management Personnel of the subsidiaries of the Company:
- Mr. Ric Grosvenor has taken over as President and CEO (South East Asia Operations), Sembawang Engineers and Constructors Pte Ltd, a wholly owned subsidiary of the Company in Singapore (SEC) from Mr. Alwyn Bowden.
- Mr. […]

Punj Lloyd - Updates

Punj Lloyd Ltd has informed BSE that the Company has received an order from Tecnimont S.p.A (Italy) ? operating subsidiary of Maire Tecnimont S.p.A, listed on the Italian Stock Exchange since November 26, 2007 - for an approx value of US Dollar 68 million for Borouge 2 Polyolefins Project of Abu Dhabi Polymers Company, UAE.
The […]

Punj Lloyd - Updates

Punj Lloyd Ltd has informed BSE that a consortium led by Punj Lloyd Ltd has been awarded the Sabah Sarawak Gas Pipeline Project for an approx. value of US Dollar 500 million by PETRONAS Carigali Sdn Bhd, a subsidiary of Petronas, the State Oil and Gas Major in Malaysia.
The scope of the work involves engineering, […]

Punj Lloyd - Limited Review for the quarter ended Dec 31, 2007

Punj Lloyd Ltd has informed BSE that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:
“Without qualifying their opinion, the Auditors draw attention to the deductions made / amounts withheld by some customers aggregating to Rs 46.04 crore on […]