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Greenlam Industries gets nod to raise Rs 500 crore through QIP

28 Dec 2021 Evaluate

Greenlam Industries has received approval from board of directors to raise Rs 500 crore through Qualified Institution Placement (QIP) basis or any other permissible modes (in one or more tranches), including premium, subject to necessary approvals from shareholder/regulators, as applicable.

In furtherance to the above, the Board has decided to obtain shareholders' approval through postal ballot for raising of funds and issuance of securities as mentioned above.

Greenlam Industries is one of the leading laminate manufacturers and Asian market leader in decorative laminates. It is a decorative Laminates manufacturer which ensures superior design, quality and systems.

Greenlam Industries Share Price

224.30 2.25 (1.01%)
17-Apr-2026 16:59 View Price Chart
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