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Greenlam Industries executes share subscription agreement with Smiti Holding and Trading Company

22 Jun 2022 Evaluate

Greenlam Industries has executed share subscription agreement (SSA) on June 21, 2022 with Smiti Holding and Trading Company for the issuance and allotment of upto 63,10,680 equity shares of face value of Re 1 at a price of Rs 309 per equity share (including a premium of Rs 308 per equity share) each of the Company to the Investor on preferential basis, in compliance with the applicable provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws.

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.

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