- Business
- Uniply Industries Ltd manufactures and sells plywood and allied wood products including blockboards, doors, decorative veneers, laminates, liners, flooring, adhesives, and furniture; it also provides architecture and design services, civil development, mechanical electrical and plumbing solutions, and interior fit-outs for commercial and residential spaces primarily in India with some international reach. Founded in 1996 and headquartered in Chennai, India, with registered office at 37 TTK Road, Alwarpet, the company offers specialized plywood variants such as MR grade, BWR, BWP, high moisture resistant (HMR), flame retardant, shuttering, hardwood, and marine plywood under the Uniply brand. In 2016, Uniply acquired Vector Projects (India) Pvt Ltd, an architecture and interior fit-out firm, for INR 640 million, making it a wholly-owned subsidiary to expand into construction-related services; however, following insolvency proceedings initiated in October 2021, the National Company Law Tribunal ordered liquidation on May 3, 2023, with auctions of assets ongoing under liquidator Santhanam Rajashree appointed in June 2025 after the prior liquidator's suspension, reflecting cessation of operations and asset realization valued at approximately INR 7.84 crore against claims of INR 290 crore.