This is to inform the outcome of the Thirteenth Stakeholders consultation committee meeting held on 15th July 2025 at 11.30 AM through audio visual means
Awaiting price reaction for this filing.
Uniply Industries Ltd, which is in liquidation, held its 13th Stakeholders Consultation Committee meeting on 15th July 2025. A new liquidator, Ms. Santhanam Rajashree, has taken over from the previous liquidator Mr. Shyam Sundar, and registered valuers have been appointed to value the company's assets. The estimated liquidation value of the company is about Rs. 7.84 crore, while total claims received stand at roughly Rs. 290 crore. The company has explicitly stated that equity shareholders are highly unlikely to recover any of their investment, as all creditor and statutory claims must be settled first.
This is effectively a near-total loss signal for equity shareholders, as the asset value is far too small to cover even a fraction of the Rs. 290 crore in claims. The stock is likely to have no residual value once liquidation is completed, and investors should not expect any recovery.