Outcome of board meeting

HAR ZARURAT KA REPLY Greenply/2026-27 July 24, 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: Outcome of Board Meeting Ref: Disclosure under Regulation 30 and 31A (S}(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Schedule Ill and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Regulations), we would like to inform you that the Board of Directors of Greenply Industries Limited ("the Company") at its meeting held today i.e. on 24.07.2026: 1. approved the appointment of Mr. Girish Kulkarni (DIN: 01683332) as an Additional Director designated as an Independent Director of the Company for a term of 5 (five) consecutive years with effect from July 24, 2026, subject to approval of the shareholders of the Company. The Nomination and Remuneration Committee and the Board of Directors of the Company at their respective Meetings held on July 24, 2026, recommended to the shareholders of the Company the appointment of Mr. Girish Kulkarni (DIN: 01683332) as an Independent Director of the Company for a term of 5 (five) consecutive years with effect from July 24, 2026. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure - A. We hereby confirm that Mr. Girish Kulkarni satisfies the criteria of independence prescribed under the Companies Act, 2013 and SEBI Regulations and that he is not debarred from h0,lding the office of Director by virtue of any order passed by SEBI or any other such authority. The composition of the Board of Directors of the Company is in compliance with the requirements prescribed under the Companies Act, 2013 and SEBI Listing Regulations, 2015. 2. approved amalgamation of Greenply Holdings Pte. Ltd., Singapore, a wholly owned subsidiary of the Company, with Green ply Global Trading Pte. Ltd. (formerly Green ply Alkema! (Singapore) Pte. Ltd.), Singapore, a step-down wholly owned subsidiary of the Company, subject to necessary approval(s). Greenply Industries Limited 'Madgul Lounge', 5th & 6th Floor, 23 Chetla Central Road, Kolkata - 700027, West Bengal, India T: +91 33 24500400, 30515000 I E: kaushal.agarwal@greenply.com I www.greenply.com I CIN: L20211WB1990PLC268743 Registered Office: 'Madgul Lounge', 6th Floor, 23 Chetla Central Road, Chetla, Kolkata -700027, West Bengal, India HAR ZARURAT KA REPLY The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure - B. 3. approved reclassification requests received on July 15, 2026, from certain Members of the Promoter Group Category for their reclassification as a Public Shareholder Category in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. The current shareholding of the Members of the Promoter Group of the Company seeking reclassification is tabled below: SI. Outgoing Members of Promoter Category Shareholding Shareholding No. Group seeking reclassification as (No. of equity (%} Public shares held) 1 Shobhan Mittal Promoter Nil 0.00% Group 2 Santosh Mittal Promoter Nil 0.00% Group 3 Shiv Prakash Mittal Promoter Nil 0.00% Group 4 Chitwan Mittal Promoter Nil 0.00% Group 5 Master Aditya Mittal Promoter Nil 0.00% Group 6 Prime Holdings Pvt. Ltd. Promoter Nil 0.00% Group 7 Niranjan Infrastructure Pvt. Ltd. Promoter Nil 0.00% Group 8 Bluesky Projects Pvt. Ltd. Promoter Nil 0.00% Group The Board further noted that the Outgoing Members of the Promoter Group have undertaken that they are compliant with conditions of Regulation 31A(3)(b) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 and shall comply with the requirements specified in Regulation 31A(4) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 as applicable. Greenply Industries Limited 'Madgul Lounge', 5th & 6th Floor, 23 Chetla Central Road, Kolkata -700027, West Bengal, India T: +91 33 24500400, 30515000 I E : kaushal.agarwal@greenply.com I www.greenply.com I CIN : L20211WB1990PLC2687 43 Registered Office: 'Madgul Lounge', 6th Floor, 23 Chetla Central Road, Chetla, Kolkata -700027, West Bengal, India HAR ZARURAT KA REPLY The reclassification of the Outgoing Members of Promoter Group is subject to the receipt of no objection from the Stock Exchange(s) in terms of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. The meeting commenced at 11:30 a.m. and concluded at() :_]1) p.m. Thanking You, Yours faithfully, For GREENPL Y INDUSTRIES LIMITED KAUSHAL KUMAR AGARWAL COMPANY SECRETARY & VICE PRESIDENT-LEGAL Encl.: As above Greenply Industries Limited 'Madgul Lounge', 5th & 6th Floor, 23 Chet/a Central Road, Kolkata -700027, West Bengal, India T: +91 33 24500400, 30515000 I E: kaushal.agarwal@greenply.com I www.greenply.com I CIN: L20211 WB1990PLC268743 Registered Office: 'Madgul Lounge', 6th Floor, 23 Chet/a Central Road, Chetla, Kolkata -700027, West Bengal, India HAR ZARURAT KA REPLY ANNEXURE-A SI. No. Particulars Details 1. Reason for change viz. Appointment of Mr. Girish Kulkarni (DIN: 01683332) as an appointment, re appointment, Additional Director designated as an Independent Director of resignation, removal, death or the Company. otherwise; 2. Date of appointment/re- Date of appointment: with effect from July 24, 2026, subject appointment/cessation (as to the approval of the members of the Company. applicable) & term of appointment/re appointment; Terms of appointment: for a term of 5 (five) consecutive years with effect from July 24, 2026 to July 23, 2031. 3. Brief profile in case of re- With an illustrious career spanning over four decades, Mr. appointment Girish Kulkarni is a seasoned Business Leader with expertise in building and scaling businesses in the Asian insurance and financial sectors, along with a deep understanding of governance and strategic planning. Mr. Kulkarni's journey has been marked by his instrumental roles in launching and shaping various Joint ventures across Asia Pacific. As a founding member of the global strategy board of Dai-lchi Life, he played a pivotal role in charting the insurer's Global expansion strategy and its development for the Asian market as Chairman -Asia Pacific (Non-Executive). Before moving to Dai lchi Group's global Business, Mr. Kulkarni headed Dai !chi's tri-party Joint Venture "Star Union Dai lchi Life Insurance" as its MD&CEO for almost a decade making it a profit-able, consistently growing business with just 500 Crores of Capital. Prior to Dai-lchi Life, his entrepreneurial spirit was engaged in building companies from the ground up. Under his leadership, SBI Life established its distribution architecture which led SBI Life to be a major player in the insurance market. Additionally, his experience in building General Motors Finance (GMAC) and Generali Group positioned him as a leader with a global perspective and a deep understanding of the complexities in the financial services industry. Mr. Kulkarni's career is a testament to his strategic acumen, leadership abilities, and knack for identifying growth opportunities while continuously improving lives along the way. Greenply Industries Limited 'Madgul Lounge', 5th & 6th Floor, 23 Chetla Central Road, Kolkata -700027, West Bengal, India T: +91 33 24500400, 30515000 I E: kaushal.agarwal@greenply.com I www.greenply.com I CIN: L20211 WB1990PLC268743 Registered Office: 'Madgul Lounge', 6th Floor, 23 Chetla Central Road, Chetla, Kolkata -700027, West Bengal, India HAR ZARURAT KA REPLY 4. Disclosure of relationships between Mr. Girish Kulkarni is not related to any of the Directors [Showing first 8,000 characters — download PDF for full document]