StockWatch
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Plywood Boards/ Laminates
Legal20 May 2026, 07:01 pm

Greenply to Pay ₹10.94 Lakh as per Consumer Commission Order

AI Summary

Greenply Industries Ltd has been directed by the Hon’ble State Consumer Disputes Redressal Commission, Patna, Bihar, to pay ₹9,94,341 along with 7% interest per annum and ₹1,00,000 as compensation to a consumer. The company has stated that it will take appropriate action in response to the order and anticipates no material impact on its financial, operational, or other activities.

Key Highlights

  • Consumer Commission orders Greenply to pay ₹9.94 Lakh plus interest and ₹1 Lakh compensation.
  • The order was passed by the State Consumer Disputes Redressal Commission, Patna, Bihar.
  • Greenply will take appropriate action regarding the order.
  • Company states no material financial or operational impact is expected.