News for Uniply Decor Limited (UDL.BO)

The resolution plan, submitted by West Coast Paper Mills Ltd and previously approved by the Committee of Creditors of Uniply Décor Ltd, marks a crucial step towards the company's expansion and diversification efforts.

“Our consultant, Lagrange Point Advisors LLP, an investment banking firm based in Mumbai informed us that the resolution plan to acquire Uniply Decor has been approved verbally by the Chennai Bench of the NCLT,” the company said in a regulatory filing.

Trends on SGX Nifty were pointing at a fresh record high start for BSE Sensex and Nifty 50 on Monday

Nifty futures were trading 38 points or 0.21 per cent higher at 18,442 on Singaporean Exchange on Monday, hinting at a gap-up start for BSE Sensex and Nifty 50