Greenply Industries’ Board has approved incorporation of a wholly owned subsidiary of the company in India for manufacturing of plywood and its allied products. The Board also approved setting-up of a new unit in Hardoi, Uttar Pradesh, for manufacturing of plywood and its allied products by the said proposed wholly owned subsidiary. The Board of Directors of the Company at their meeting held on May 10, 2021, approved the same.
Greenply Industries is primarily involved in manufacturing of plywood and trading of plywood and allied products.