GREENPLY INDUSTRIES LTD.

Greenply Industries Ltd. has submitted an application to the National Stock Exchange of India Limited (NSE) and BSE Ltd. for the reclassification of eight members from the Promoter Group Category to the Public Shareholder Category. This reclassification is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. The members seeking reclassification, including Shobhan Mittal, Santosh Mittal, and Prime Holdings Pvt. Ltd., currently hold 0.00% equity shareholding in the company.

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 regulations.

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.

Greenply Industries Ltd. reported unaudited financial results for Q1 FY27, showcasing a robust 20.7% year-on-year increase in consolidated revenue to ₹724.9 crore. Core EBITDA also saw a significant 27.1% YoY rise to ₹78.3 crore, with margins at 10.8%. The Plywood business contributed ₹526.6 crore in revenue, up 16.0% YoY, with volumes growing 13.8%. The MDF business demonstrated exceptional growth, with revenue up 32.8% YoY to ₹195.7 crore and volumes increasing by 24.7%. The company's joint venture, Greenply Samet, also doubled its revenue. Greenply remains on track to achieve its full-year guidance, emphasizing sustainable growth and ecological responsibility through initiatives like 'One Sheet, One Tree'. Net profit for the quarter stood at ₹37.6 crore.

Greenply Industries Limited announced board approvals for the appointment of Mr. Girish Kulkarni as an Independent Director for a five-year term, subject to shareholder approval. The board also approved the amalgamation of its wholly-owned subsidiary, Greenply Holdings Pte. Ltd., Singapore, with Greenply Global Trading Pte. Ltd., a step-down wholly-owned subsidiary. Additionally, reclassification requests from certain Promoter Group members to Public Shareholder Category were approved, pending stock exchange no-objection.

Greenply Industries Ltd has announced its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were approved by the Board of Directors on July 24, 2026. The company's statutory auditors have completed a limited review of these results, and the review report is attached. The financial statements have been prepared in accordance with Indian Accounting Standard 34 and other applicable accounting principles.

Greenply Industries Ltd has announced that its Board of Directors will convene on July 24, 2026. The primary agenda item is to consider, approve, and take on record the un-audited financial results for the quarter ended June 30, 2026. In line with SEBI regulations, the trading window for company shares has been closed since July 1, 2026, and will reopen on July 26, 2026, 48 hours after the submission of the financial results to the stock exchanges.

Greenply Industries Limited has announced August 4, 2026, as the record date for determining shareholders eligible to receive a final dividend of ₹0.50 per equity share. This dividend is for the financial year ended March 31, 2026, and is subject to approval at the company's 36th Annual General Meeting (AGM). The AGM is scheduled to be held on August 25, 2026, via Video Conferencing/Other Audio Visual Means. The company will pay the dividend within 15 days of its approval by the members. The ISIN for the equity shares is INE461001038.

Greenply Industries Ltd has received requests from several members of its Promoter Group, including Shobhan Mittal, Santosh Mittal, and Shiv Prakash Mittal, to be reclassified as Public Shareholders. These individuals and entities, as of the filing date, hold no equity shares in the company and are not involved in its day-to-day affairs or decision-making. The company is undertaking necessary steps in compliance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. The Board of Directors will consider these requests in their upcoming meeting.

Greenply Industries Limited's Board of Directors, in a meeting held on June 26, 2026, approved the issuance of a corporate guarantee in favor of Federal Bank Limited. This guarantee is for credit facilities amounting to ₹130 crores to be availed by Greenply Speciality Panels Pvt. Ltd., a wholly-owned subsidiary. The facilities will be used for a Capex Letter of Credit to procure machinery for the expansion of the subsidiary's MDF plant. The guarantee will be for 12 months, and Greenply Industries will charge a commission. The company also approved the reconstitution of its Risk Management Committee and updated the list of Key Managerial Personnel authorized for disclosures. The subsidiary's financials will be consolidated, with no direct impact on Greenply Industries' financials, though the guarantee will be disclosed as a contingent liability.