GREENPLY INDUSTRIES LTD.

Greenply Industries Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut for all designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the un-audited financial results for the quarter and half-year ending September 30, 2026. This measure is standard practice to prevent insider trading during periods when material non-public information may be available.

Greenply Industries Limited's Board of Directors has approved the issuance of a corporate guarantee to IDBI Bank for a ₹200 crore term loan facility for its wholly-owned subsidiary, Greenply Speciality Panels Pvt. Ltd. This loan will fund the expansion of an MDF plant. Additionally, the board approved a binding Head of Terms (HoT) with Samet B.V. for a capital infusion into their joint venture, Greenply Samet Private Limited. Samet's stake will increase from 50% to 75.02%, diluting Greenply Industries' share to 18.98%. Upon completion, the JV will cease to be an associate company.

Greenply Industries Limited announced a proposed capital restructuring of its Joint Venture (JV) with Samet, Greenply Samet Private Limited. Samet will invest USD 30-40 million over 2-3 years, increasing its voting interest from 50% to ~81% while Greenply's dilutes to ~19%. Greenply will retain an initial economic interest of ~43%, reducing over time. This allows Greenply to focus on its core Plywood and MDF businesses, ceasing consolidation of the JV's financials and future equity funding. The transaction is expected to complete by January 2027.

Greenply Industries Limited's Board of Directors approved the issuance of a corporate guarantee for INR 200 crores to IDBI Bank for credit facilities to its wholly-owned subsidiary, Greenply Speciality Panels Pvt. Ltd. This facility will fund the expansion of the subsidiary's MDF plant. The Board also approved a binding Head of Terms with Samet B.V. for a capital infusion into their joint venture, Greenply Samet Private Limited. This will increase Samet's stake to 75.02% and dilute Greenply's to 18.98%, causing the JV to cease being an associate company.

Greenply Industries Ltd announced the re-appointment of Ms. Vinita Bajoria as an Independent Director for a term of five years, effective September 15, 2026, to September 14, 2031. This decision was approved by shareholders at the 36th Annual General Meeting held on August 25, 2026. The company also appointed Mr. Girish Kulkarni as an Independent Director for a term of five years, effective July 24, 2026, to July 23, 2031. Both directors are not related to any existing directors and are not debarred from holding directorships.

Greenply Industries Ltd announced the appointment of Mr. Girish Kulkarni (DIN: 01683332) as an Independent Director. The shareholders approved this appointment at the 36th Annual General Meeting held on August 25, 2026. Mr. Kulkarni's tenure will be for five consecutive years, effective from July 24, 2026, to July 23, 2031. He brings over four decades of experience in the Asian insurance and financial sectors, with expertise in business scaling, governance, and strategic planning. The company also re-appointed Ms. Vinita Bajoria as an Independent Director for a similar five-year term.

Greenply Industries Ltd announced the re-appointment of Ms. Vinita Bajoria as an Independent Director following approval at the 36th Annual General Meeting held on August 25, 2026. Her term is extended for five consecutive years, from September 15, 2026, to September 14, 2031. The company also appointed Mr. Girish Kulkarni as an Independent Director for a term of five years from July 24, 2026, to July 23, 2031. Ms. Bajoria holds an MBA from ICFAI and has extensive experience in strategic management and corporate operations. Mr. Kulkarni brings over four decades of experience in the Asian insurance and financial sectors.

Greenply Industries Ltd announced the appointment of Mr. Girish Kulkarni as an Independent Director, effective July 24, 2026. The appointment was approved by shareholders at the 36th Annual General Meeting held on August 25, 2026, for a term of five years, concluding on July 23, 2031. Mr. Kulkarni brings over four decades of experience in the Asian insurance and financial sectors, with expertise in business scaling, governance, and strategic planning. He was instrumental in launching joint ventures and served as a founding member of Dai-ichi Life's global strategy board and Chairman - Asia Pacific (Non-Executive). The company also re-appointed Ms. Vinita Bajoria as an Independent Director.

Greenply Industries Ltd held its 36th Annual General Meeting (AGM) on August 25, 2026. The meeting, which commenced at 11:00 AM and concluded at 12:11 PM, saw the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Voting results indicate overwhelming support for the resolutions, with all votes polled in favour for both Promoter and Promoter Group, and Public-Institutions categories. Public-Non Institutions also showed strong support, with a minimal percentage of votes against. The total number of shareholders on the record date (August 18, 2026) was 51,807. Shareholders attended either in person, via proxy, or through video conferencing.

Greenply Industries Ltd conducted its 36th Annual General Meeting (AGM) on Tuesday, August 25, 2026, via Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting, held in accordance with the Companies Act, 2013 and relevant SEBI circulars, commenced at 11:00 a.m. and concluded at 12:11 p.m. The registered office in Kolkata was deemed the meeting location. Key management personnel, including the Chairman cum Managing Director Mr. Rajesh Mittal and Joint Managing Director Mr. Sanidhya Mittal, along with independent directors and other representatives, were in attendance. The proceedings included the Chairman's speech and a Q&A session where shareholders raised queries on various business aspects. The meeting was conducted with muted audio and off video for members to ensure smooth conduct, with proceedings being recorded.