Greenply Industries Limited announced that a company named ALISHAN PANELS PRIVATE LIMITED has been incorporated on March 7, 2024 with a view to acquire the brand/trademark ALIS HAN therein, in respect of trading and marketing of Plywood and its allied products. Authorized Share Capital: INR 10,000,000 and Paid-up Share Capita l: INR 6,000,000. Industry to which the entity being acquired belongs: Trading and marketing of Plywood and its allied products.

The Company owns 67% and the Investor owns 33% of the total shareholding.