Duroply Industries Ltd manufactures and sells plywood and allied wood products in India. The company produces plywood and blockboards including commercial, marine, and fire-resistant variants; flush doors such as hardwood and teak-faced types; and decorative veneers encompassing natural and engineered options with termite treatment and guarantees from 10 years to lifetime. Founded in 1957 and headquartered in Kolkata, West Bengal, Duroply operates a state-of-the-art manufacturing facility in Rajkot, Gujarat, with over 20 sales offices across India serving residential, commercial, and institutional customers; it adheres to E1 emission norms, IS standards, and offers FSC-certified products on request. In recent developments, Tusk Investments Limited converted warrants into 295,566 equity shares in November 2025, raising its stake to 6.41% of voting capital for Rs 4.50 crore, following a preferential allotment of Rs 288.99 million in equity shares and warrants during fiscal 2024 to bolster financial position and growth. The company reported revenue growth to Rs 323.42 crore for fiscal 2024 alongside board changes and scheduled Q2 fiscal 2026 results approval in November 2025.