General Updates

HAR ZARURAT KA REPLY Greenply/2026-27 October 29, 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 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 Green ply Industries Limited ("the Company") at its meeting held today i.e. on 29.10.2026, approved further investment upto INR 30 crores in one or more tranches in Equity Shares of face value of Re.1/- each of the Company's wholly owned subsidiary, Greenply Sandila Private Limited (GSPL) for proposed expansion of manufacturing capacity of its plywood and its allied products unit situated at Sandila, District - Hardoi, Uttar Pradesh. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure - A. The meeting commenced at 01:30 p.m. and concluded at 03 :1JS p.m. Thanking You, Yours faithfully, For GREENPLY INDUSTRIES LIMITED KAUSHAL KUMAR AGARWAL COMPANY SECRETARY & VICE PRESIDENT-LEGAL Encl.: As above 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 ANNEXURE-A DETAILS OF INVESTMENT UPTO INR 30 CRORES IN ONE OR MORE TRANCHES IN EQUITY SHARES OF FACE VALUE OF RE. 1/- EACH OF THE COMPANY'S WHOLLY OWNED SUBSIDIARY I.E. GREENPLY SANDILA PRIVATE LIMITED (GSPL) Sr. Particulars Details a) Name of the target entity, details in Green ply Sandi la Private Limited (GSPL) is a wholly brief such as size, turnover etc. owned subsidiary of Greenply Industries Limited, incorporated in India on May 24, 2021. GSPL is engaged in the business of manufacturing, trading and marketing of Plywood, Doors, Block Boards, Veneer and allied products. The total Income, PAT and Net Worth of GSPL as per the previous three years audited financial statements are: Rs. in Crore Particulars FY 2026 FY 2025 FY 2024 Total 289.76 249.13 195.37 Income PAT 18.51 11.28 8.45 Net Worth 132.24 59.67 48.31 b) Whether the acquisition would fall Yes. within related partytransaction(s) and whether the promoter/promoter GSPL is a wholly owned subsidiary of Greenply group/group companies have any Industries Limited. With the infusion of further interest in the entity being acquired? funds up to INR 30 crores, by way of further If yes, nature o_f interest and details subscription of 30,00,00,000 Equity Shares of Re. thereof and whether the same is done 1/- each of Greenply Sandi la Private Limited at "arm's length" (GSPL), GSPL will continue to be a wholly owned subsidiary of Green ply Industries Limited. The funds raised by way of issue of Equity Shares will be used by GSPL for proposed expansion of manufacturing capacity of its plywood and its allied products unit situated at Sandila, District - Hardoi, Uttar Pradesh. The transaction will be carried out in compliance with all applicable laws. 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 c) Industry to which the entity being Manufacturing, trading and marketing of acquired belongs Plywood, Doors, Block Boards, Veneer and allied products. d) Objects and impact of acquisition Funding for proposed expansion of manufacturing (including but not limited to, capacity of plywood and its allied products of unit disclosure of reasons for acquisition of of GSPL situated at Sandila, District - Hardoi, Uttar target entity, if its business is outside Pradesh. the main line of business of the listed entity) The Company expects the near-term demand for plywood and allied products to exceed the available capacity that the Company, along with its subsidiaries, presently has. Accordingly, the Company's Wholly Owned Subsidiary decided to increase its production capacity. e) Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition f) Indicative time period for completion The acquisition of Equity Shares will be made by of the acquisition Q4 of FY 2028, in one or more tranches. g) Consideration whether cash Cash consideration consideration or share swap or any other form and details of the same h) Cost of acquisition and/or the price at Total cost of acquisition up to INR 30,00,00,000/- which the shares are acquired i) Percentage of shareholding / control 100% acquired and / or number of shares acquired j) Brief background about the entity Provided in Point a) of this table. acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) 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