Greenply Industries Ltd Share Price – NSE /  BSE

Plywood Boards/Laminates, Small Cap

Greenply Industries will hold a meeting of the Board of Directors of the Company on 28 April 2026.

The board of Greenply Industries at its meeting held on 04 February 2026 has approved further investment upto Rs 125 crore in one or more tranches in equity shares of the Company's wholly owned subsidiary i.e. Greenply Speciality Panels (GSPPL) for proposed expansion of manufacturing capacity of MDF plant of GSPPL situated at Village: Sherpura, Dist.: Vadodara, Gujarat.

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The board of Greenply Industries at its meeting held on 04 February 2026 has approved termination of Joint Venture (JV) agreement dated 30th January, 2014 executed between Greenply Industries and Alkemal Singapore and acquisition of 50% shares held by Kulmeet Singh (existing JV Partner) in Green ply Alkemal (Singapore) (Joint Venture Company) by Green ply Holdings, Singapore (WOS of Greenply Industries). The total consideration of said acquisition will be USD 1 (one).

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The board of Greenply Industries at its meeting held on 04 February 2026 has approved the proposed expansion of manufacturing capacity of MDF plant of the Company's wholly owned subsidiary i.e. Greenply Speciality Panels, situated at Village: Sherpura, Dist.: Vadodara, Gujarat.

Capacity additional details:
Existing capacity - 1000 CBM per day
Existing capacity utilization - 71% till Q3 FY26
Proposed capacity addition - 600-700 CBM per day
Investment required - Rs 425 crore

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