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Uniply Industries has informed the exchanges that a meeting of the directors of the company was held on Wednesday to take on record the change in management of the company following completion of open offer formalities. Accordingly BL Bengani, outgoing promoter, has resigned from the post of Chairman and Managing Director effective June 10 and Keshav Kantarnneni, incoming promoter, has been inducted as an additional director of the company. Shares of Uniply Industries surged 4.92 per cent at ₹45.85 on the NSE.
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