StockWatch
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Plywood Boards/ Laminates
Management Change24 Jul 2026, 02:07 pm

Greenply Industries Appoints Girish Kulkarni as Independent Director

AI Summary

Greenply Industries Limited announced the appointment of Mr. Girish Kulkarni (DIN: 01683332) as an Additional Director, designated as an Independent Director. This appointment is for a term of five years, effective July 24, 2026, and is subject to shareholder approval. The company also approved the amalgamation of its wholly-owned subsidiary, Greenply Holdings Pte. Ltd., Singapore, with Greenply Global Trading Pte. Ltd. Additionally, the board approved reclassification requests from certain Promoter Group members to Public Shareholders, subject to stock exchange no-objection. Mr. Kulkarni meets the independence criteria as per SEBI and Companies Act regulations.

Key Highlights

  • Girish Kulkarni appointed as Independent Director for 5 years.
  • Appointment subject to shareholder approval.
  • Amalgamation of two Singapore-based subsidiaries approved.
  • Promoter group reclassification to public shareholders approved.
  • Board composition remains compliant with regulations.