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Malabar India Fund hikes stake in Uniply Industries to 8.49%

27 Apr 2018 Evaluate

Malabar India Fund has raised its stake in Uniply Industries from 4.99% to 8.49%. It has bought 8.35 lakh equity shares (representing 3.49% of total paid up equity) of the company, through an open market transaction on April 25.

Uniply Industries was established with the belief that it could provide Indian consumers with the best in quality plywood and other panel products. With this as the echoing inspiration Uniply has marched on towards greater success. The brand name is now synonymous with quality and reliability.


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