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Uniply SCC Meeting: Liquidation Status & Asset Sale Update | Bullu
UNIPLY
Uniply SCC Meeting: Liquidation Status & Asset Sale Update
Source
|
08:48 26 Apr 25
results
legal
restructuring
10th Stakeholders Consultation Committee (SCC) meeting of Uniply Industries held on April 1, 2025.
Discussed sale of 'Uniply' brand, Artmatrix shares, NCLT hearing status against KKN Holdings, and receivables.
Decision on asset sale deferred to next meeting due to legal challenges.
Liquidation value estimated at Rs 7.84 Crore; total claims approx. Rs 290 Crore.
Equity shareholders unlikely to recover investments.
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