Greenply Industries Limited (GREENPLY) — Announcement

· NSE Neutral
📢 Key Event
Subsidiary invests INR 45 lakh for 26% stake in Albano Solar to build captive power plant
🔮 What's Next
15 days
💡 Investor Takeaway
This investment lowers future manufacturing energy costs for Greenply's subsidiary.

Greenply Industries announced its wholly owned subsidiary Greenply Sandila Private Limited invested INR 45 lakh (26% stake) in Albano Solar Private Limited to fund a 1.5 MW captive power plant in Uttar Pradesh, reducing manufacturing energy costs. The investment is cash-based and completed within 15 days of announcement.

📄 View Original Announcement (PDF)

About Greenply Industries Limited (GREENPLY)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹3,175.63 Cr P/E: 30.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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