Post-facto outcome of 16th Stakeholders Consultation Committee of Uniply Industries Limited held on 23rd october 2025
Awaiting price reaction for this filing.
Uniply Industries Limited, currently under liquidation, held its 16th Stakeholders Consultation Committee (SCC) meeting on October 23, 2025, chaired by the Liquidator Santhanam Rajashree. The committee reviewed and approved the proposed E-auction Process Information Document, including the Reserve Price, Earnest Money Deposit (EMD), Payment Schedule, and Timelines for the upcoming e-auction. The company is proceeding with asset disposal under the liquidation process overseen by the Insolvency Professional. This is a routine procedural step as the company moves closer to conducting its e-auction for selling assets to recover dues for creditors.
For shareholders, this announcement signals that the company remains deep in liquidation with no turnaround in sight — equity holders are unlikely to recover any value as proceeds will first go to secured and unsecured creditors. Expect continued price pressure and illiquidity in the stock until the e-auction is completed and a final distribution (if any) is determined.