Uniply Industries zooms 20% ahead of board meet

The board will meet today to discuss the capital requirements of the company in line with credit facilities for further expansion and growth.

Plywood
<a href="http://www.shutterstock.com/pic-222916912.html" target="_blank">Image</a> via Shutterstock
SI Reporter Mumbai
Last Updated : Mar 09 2016 | 3:27 PM IST
Shares of Uniply Industries are locked in upper circuit of 20% at Rs 147 on the BSE ahead of board meeting today to discuss the capital requirements of the company.

“The board of directors of the company will be held on March 09, 2016, to discuss the capital requirements of the company in line with credit facilities for further expansion and growth,” Uniply Industries said in a statement.

Till 03:05 pm, a combined 127,412 equity shares changed hands and there were pending buy orders for 36,974 shares on the BSE and NSE.

Uniply Industriesis a manufacturer of plywood and allied products. The company is engaged in the business of manufacturing and marketing of plywood and panel products. 

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First Published: Mar 09 2016 | 3:07 PM IST

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