Shareholders of Greenply Industries approved the adoption of audited standalone and consolidated financial statements for FY26, along with a final dividend of ₹0.50 per equity share, at their 36th Annual General Meeting held on August 25, 2026.

The meeting, conducted via video conferencing, also saw the re-appointment of Joint Managing Director Sanidhya Mittal by rotation, and the appointment of Girish Kulkarni and re-appointment of Vinita Bajoria as independent directors under special business items.

Financial Results and Dividend

The company declared a final dividend of ₹0.50 per share (50%) on 124,902,045 equity shares, aggregating to ₹6,24,51,022.50 for the financial year ended March 31, 2026. The statutory auditor’s report contained no qualifications or adverse remarks, nor did the secretarial auditor’s report include any observations or adverse comments.

Board Appointments and Re-appointments

Ms. Vinita Bajoria (DIN-02412990) was re-appointed as an Independent Director for a second term of five consecutive years, effective from September 15, 2026, to September 14, 2031. She holds an MBA from ICFAI, Hyderabad, and has completed General and Advanced Management Programs from Harvard Business School. Ms. Bajoria served on the South Asian Advisory Board of Harvard Business School from 2016 to 2023 and is currently on the Board of Governors of IIM-Kozhikode.

Mr. Girish Kulkarni (DIN: 01683332) was appointed as an Independent Director with effect from July 24, 2026, for a five-year term ending July 23, 2031. Mr. Kulkarni brings over four decades of experience in the Asian insurance and financial sectors. He previously served as MD & CEO of Star Union Dai-Ichi Life Insurance and played a key role in the global expansion strategy of Dai-Ichi Life as Chairman – Asia Pacific (Non-Executive).

Additionally, Mr. Sanidhya Mittal (DIN-06579890), Joint Managing Director, was re-appointed as a Director liable to retire by rotation.

Meeting Details

The 36th AGM commenced at 11:00 am and concluded at 12:11 pm. Sixty-five members were present through VC/OAVM, satisfying the quorum requirements under Section 103 of the Companies Act, 2013. Remote e-voting was open from 10:00 am on August 21, 2026, to 5:00 pm on August 24, 2026. All five resolutions—three ordinary and two special—were passed with the requisite majority.

Greenply Industries Limited Greenply Industries Limited has opened a special window for the transfer and dematerialisation of physical shares, a move designed to help long-term investors regularise their holdings and comply with regulatory norms. The company issued a public notice on August 04, 2026, informing shareholders that this facility is available for shares sold or purchased prior to April 01, 2019. This initiative addresses potential liquidity and compliance risks for physical shareholders who have not yet converted their holdings into demat form.

The special window remains open for a period of one year, from February 05, 2026 to February 04, 2027. This timeline aligns with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, which mandates such windows to facilitate the transition from physical to electronic shareholding. The notice was published in Business Standard (English) and Aajkal (Bengali) on August 04, 2026, ensuring wide dissemination among its investor base.

Key Details of the Transfer Window

Shareholders holding physical certificates can now submit original documents to the company’s Registrar and Share Transfer Agent (RTA), M/s. S. K. Infosolutions Pvt. Ltd. The process is not limited to straightforward transfers; it also covers transfer deeds lodged before the April 01, 2019 deadline that were previously rejected, returned, or left unattended due to deficiencies in documents or processes. Upon successful verification, all shares will be transferred exclusively in dematerialised form.

Regulatory Compliance and Process

The announcement underscores Greenply’s adherence to the Securities and Exchange Board of India (SEBI) guidelines aimed at reducing the prevalence of physical shareholding, which poses higher risks of loss, theft, and fraud compared to demat holdings. By reopening the window for previously rejected deeds, the company provides a corrective mechanism for investors who may have faced administrative hurdles earlier.

Kaushal Kumar Agarwal, Company Secretary & Vice President-Legal at Greenply Industries Limited, signed the intimation filed with BSE Limited and National Stock Exchange of India Limited. The filing serves as a formal record under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and timely communication with stakeholders. Investors are urged to act within the specified timeframe to avoid further complications in holding or trading their physical shares.