Greenply Industries Board Meeting Outcome
Greenply approved a ₹200 Crore corporate guarantee for its subsidiary and a joint venture capital restructuring that will see the JV cease to be an associate.
- Value
- ₹200.0 Cr
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Greenply approved a ₹200 Crore corporate guarantee for its subsidiary and a joint venture capital restructuring that will see the JV cease to be an associate.
Greenply Industries appointed Girish Kulkarni as an Independent Director. The board also approved the reclassification of several promoter group members to public shareholders.
Greenply Industries approved a ₹15 Crore equity infusion into its JV, Greenply Samet Private Limited. The Board recommended a ₹0.50 per share dividend and noted the resignation of JMD & CEO Mr. Manoj Tulsian. Additionally, Ms. Vinita Bajoria was re-appointed as an Independent Director for a five-year term starting September 2026.
Greenply Industries Ltd has scheduled a Board Meeting on April 28, 2026. The board will consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, the directors will evaluate a dividend recommendation for the same period.