Uniply Industries Limited has informed the Exchange about Corporate Insolvency Resolution Process - Outcome of the 13th Stakeholders Consultation Committee meeting (SCC) held on 15th July 2025
Awaiting price reaction for this filing.
Uniply Industries, currently under liquidation, held its 13th Stakeholders Consultation Committee meeting on 15th July 2025. A new liquidator, Ms. Santhanam Rajashree, has formally 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's assets is just Rs. 7.84 crores, while total claims received from creditors stand at approximately Rs. 290 crores. Given this massive shortfall, the filing explicitly states that it is highly unlikely equity shareholders will recover any amount from their investment. The company will need to settle all creditor and statutory claims before any consideration can be given to equity holders.
This is a near-total loss situation for equity shareholders — the asset value covers only a tiny fraction (~2.7%) of total claims, making shareholder recovery practically impossible. The stock is effectively a penny stock in a defunct company with no realisable value for equity investors.