NSEAction(s) taken or orders passed5d ago · 15 Oct 2026, 03:17 pm
Action(s) taken or orders passed
Greenply Industries Limited · GREENPLY
✦ AI Summary▼ NegativeRegulatory
Greenply Industries Limited has informed the Exchange about an Order passed by the Assistant Commissioner of Central Tax CGST & CX, Bishnupur Division, Kolkata South Commissionerate, disallowing Input Tax credit availed for FY 2020-21 to FY 2023-24, resulting in a tax demand of Rs. 1,07,81,972/-, penalty of Rs. 1,07,81,972/-, and applicable interest. The Company has fulfilled all conditions and will file rectification and/or appeal within the prescribed timelines.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment3/10
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Full Announcement
Greenply Industries Limited has informed the Exchange about Action(s) taken or orders passed by the Assistant Commissioner of Central Tax CGST & CX, Bishnupur Division, Kolkata South Commissionerate, 180 Rajdanga Main Road, Shanti Pally, Kolkata-700107.
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Greenply/2026-27
October 15, 2026
The Manager The Manager
BSE Limited
National Stock Exchange of India Limited
Department of Corporate Services Exchange Plaza, Bandra Kurla Complex
Floor 25, P. J. Towers, Dalal Street Bandra (E)
Mumbai - 400 001 Mumbai - 400 051
Scrip Code: 526797 Symbol - GREENPLY
Dear Sir / Madam,
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, this is to inform you that an Order was passed by the
Assistant Commissioner of Central Tax CGST & CX, Bishnupur Division, Kolkata South
Commissionerate, 180 Rajdanga Main Road, Shanti Pally, Kolkata-700107, and the details are given
below:
Sr. Particulars | Details
Name of the authority Assistant Commissioner of Central Tax
CGST & CX, Bishnupur Division,
Kolkata South Commissionerate, 180 Rajdanga Main
Road, Shanti Pally, Kolkata-700107
Nature and details of the action An Order passed by the said Authority under relevant
taken, or order passed provision of the Central Goods and Services Tax Act,
2017 for the FY 2020-21 to FY 2023-24, inter alia,
disallowing Input Tax credit availed.
The total tax demand amounts to Rs. 1,07,81,972/-
and penalty amounts to Rs. 1,07,81,972/- and
applicable interest has been confirmed vide the
captioned order.
| Date of receipt of direction or
order, including any ad-interim 14th October, 2026 at 05:31 P.M.
or interim orders, or any other
communication from the
authority
Greenply Industries Limited
‘Madgul Lounge’, 5th & 6th Floor, 23 Chetla Central Road, Kolkata - 700027, West Bengal, India
T:491 33 24500400, 30515000 | E: kaushal.agarwal@greenply.com | www.greenply.com | CIN: L20211WB1990PLC268743
Registered Office :'Madgul Lounge’, 6th Floor, 23 Chetla Central Road, Chetla, Kolkata - 700027, West Bengal, India
iv. Details of the The adjudication authority has raised demand, penalty
violation/contravention and interest as stated above in (ii).
committed or alleged to be
The Company has fulfilled all the conditions
committed
prescribed under the aforesaid Acts w.r.t. availment of
the ITC.
The Company has a strong case based on merits and
will be filing rectification and/or appeal against the
said Order within the prescribed timelines.
V. Impact on financial, operation, There is no material impact on the financial,
or other activities of the listed operation, or other activities of the Company.
entity, quantifiable in monetary
terms to the extent possible
The above is for your information and record.
Thanking You,
Yours faithfully,
For GREENPLY INDUSTRIES LIMITED
KAUSHAL KUMAR AGARWAL
COMPANY SECRETARY &
VICE PRESIDENT-LEGAL
Greenply Industries Limited
‘Madgul Lounge’, 5th & 6th Floor, 23 Chetla Central Road, Kolkata - 700027, West Bengal, India
T:+91 33 24500400, 30515000 | E: kaushal.agarwal@greenply.com | www.greenply.com | CIN: L20211WB1990PLC268743
Registered Office :'Madgu! Lounge’, 6th Floor, 23 Chetla Central Road, Chetla, Kolkata - 700027, West Bengal, India