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Greenlam Europe (UK) ceases to be subsidiary of Greenply Industries

05 Sep 2013 Evaluate

Greenply Industries’ wholly-owned subsidiary (WOS) in United Kingdom, Greenlam Europe (UK) has ceased to be a direct subsidiary of the company and become a step-down subsidiary of the company owing to fresh issue and allotment of shares by Greenlam Eurpe (UK) to a wholly-owned subsidiary of the company in Singapore, Greenlam Asia Pacific.

Greenply Industries is engaged in manufacturing of plywood, laminates, decorative veneers, particle boards and prelam particle boards/MDF. The company has 28 branches across India with a strong dealer/distributor/sub-dealer/retailer network of over 9600 and a presence in over 300 cities.

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