Now, a few users are reportedly receiving Android 7.1.1 update for the Moto Z Play in Brazil with "retbr" Software channel.
The Android 7.1.1 update for the Moto Z Play comes with build no. NPN25-137-67. It features the latest June 1, 2017 Android security patch. Motorola also adds Video calling Duo application, Moto Mods v2.0, Stability improvements other interesting features along with Android 7.1.1 Nougat goodies.
If you haven't got the notification of this new software update yet, Just go to Settings - About Phone - Software updates, and It will automatically start downloading the latest update. The update will take around 10-15 minutes to get Installed on your device.