Sunil Industries Limited announced its unaudited financial results for the third quarter ended December 31, 2025, revealing a challenging performance with significant revenue decline. The company's Board of Directors approved these results at their meeting held on February 12, 2026.

Quarterly Financial Performance

The company's Q3FY26 performance showed substantial weakness compared to the previous year. Revenue from operations declined sharply, while profitability was significantly impacted.

Nine-Month Performance Shows Growth

Despite the quarterly decline, the nine-month period ended December 31, 2025 demonstrated positive growth trends across key financial metrics.

Cost Structure Analysis

The company's cost structure for Q3FY26 showed mixed trends. Cost of material consumed was ₹1061.63 lakhs compared to ₹3725.59 lakhs in Q3FY25. Employee benefits expenses increased to ₹107.71 lakhs from ₹94.07 lakhs year-over-year. Finance costs decreased to ₹104.61 lakhs from ₹176.51 lakhs in the corresponding quarter last year.

Board Meeting and Compliance Details

The Board of Directors meeting was held on February 12, 2026, commencing at 3:15 PM and concluding at 3:45 PM. The meeting was conducted pursuant to Regulation 30 and 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Sourabh Sahu (ACS - 55322) signed the regulatory filing.

Corporate Governance and Compliance

The unaudited financial results underwent limited review by statutory auditors V K Beswal & Associates (Firm Reg No.:101083W). The Audit Committee reviewed and the Board of Directors approved the results. The company maintains compliance with Indian Accounting Standard 34 for interim financial reporting.

Key compliance highlights include:

• Results prepared in accordance with Indian Accounting Standard 34
• Limited review conducted by independent auditors
• No outstanding defaults on loans and debt securities
• Company operates in a single segment

The company maintains a paid-up capital of ₹419.84 lakhs with a face value of ₹10.00 per equity share, remaining unchanged from the previous periods.

Uniply Industries Limited disclosed the outcome of its 18th Stakeholders Consultation Committee (SCC) meeting held on December 12, 2025, under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The meeting addressed crucial matters related to the company's ongoing liquidation process.

Liquidation Period Extension Approved

The primary agenda item involved the extension of the current liquidation period, which is set to end on December 31, 2025. The liquidator informed the SCC about the approaching deadline and requested approval to apply for an extension before the Hon'ble NCLT, Chennai.

After detailed deliberations, the SCC granted its approval for the liquidator to proceed with the application for extending the liquidation period by one year, from January 1, 2026 to December 31, 2026.

Director Resignation at Subsidiary

The meeting also addressed a personnel change at the subsidiary level. Mr. Anil Patel, Director of Uniply Décor Limited, informed the committee about his resignation from the company. He indicated that he is likely to be relieved from his position shortly.

Company Details and Communication

The liquidation process is being overseen by Santhanam Rajashree, who serves as the liquidator with IBBI registration number IBBI/IPA-002/IP-N00330/2017-18/10935. The company's registered office is located at G1, 4/608, V.O.C. Street, Desk No. 318, Kottivakkam, Perungudi, OMR, Chennai, Tamil Nadu - 600041.

All correspondence related to the corporate debtor should be directed to the communication address at B 1102 Metrozone, 44 Pillaiyar Koil Street, Anna Nagar, Chennai 600040, rather than the registered office address.

The disclosure ensures compliance with regulatory requirements and keeps stakeholders informed about the progress of the liquidation proceedings and related corporate developments.