Post-Facto outcome of the 15th Meeting of the Stakeholders Consultation Committee of M/s. Uniply Industries Limited held on 17/09/2025
Awaiting price reaction for this filing.
Uniply Industries Limited, which is under liquidation, held its 15th Stakeholders Consultation Committee (SCC) meeting on 17 September 2025, chaired by the Liquidator. During the meeting, draft valuation reports for securities and financial assets were presented by two registered valuers, and the SCC discussed and sought clarifications from them, advising the valuers to issue final reports. The SCC also approved changing the authorised signatory for bank-related matters from Mr. L. V. Shyam Sundar to Mrs. Santhanam Rajashree (the Liquidator). The company continues to be referenced as a 'Corporate Debtor' under liquidation proceedings.
For shareholders, this filing confirms Uniply remains in active liquidation with ongoing valuation work, which is a negative signal as equity holders in a liquidated company typically face significant losses and uncertain recovery. The change in authorised signatory is a routine procedural step within the liquidation process.