GREENPLY INDUSTRIES LIMITED: PROPOSED CAPITAL RESTRUCTURING OF JOINT VENTURE ENTITY

• Joint venture company Greenply Samet Private Limited to undergo capital restructuring • Samet to invest USD 30-40 million over 2-3 years for capacity expansion and market development • Greenply's voting interest to dilute from 50% to ~19%, while economic interest remains significant and reduces over time • Restructuring expected to be completed by January 2027

Greenply Industries Limited

Open attachment

← Back to feed