The National Company Law Tribunal (NCLT), Chennai Bench, has approved the appointment of Ms. Santhanam Rajashree as the new Liquidator for Uniply Industries Limited. This change comes after the Insolvency and Bankruptcy Board of India (IBBI) suspended the registration of the previous Liquidator, Lingumgunta Venkata Shyam Sundar, for a period of two years.
The NCLT’s decision follows a recommendation from the Stakeholders Consultation Committee (SCC), which, in its twelfth meeting held on June 25, 2025, unanimously resolved to propose Ms. Santhanam Rajashree for the role. The company formally intimated this development on June 26, 2025, in compliance with SEBI (Listing Obligations & Disclosure Requirements) Regulations,…