Greenply ordered to pay ₹9.94 lakh by Patna Commission

Greenply Industries has disclosed that it received an order from the Hon'ble State Consumer Disputes Redressal Commission, Patna, Bihar, on May 20, 2026. The communication was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The regulatory order mandates the company to pay a total amount of ₹9,94,341. Additionally, the company is required to pay interest at a rate of 7% per annum on this amount. The order also includes a provision for the company to pay a compensation of ₹1,00,000 to the consumer involved in the dispute.

Details of the Order

The following table outlines the key particulars of the order passed by the authority:

Particulars	Details
Name of the authority	Hon'ble State Consumer Disputes Redressal Commission, Patna, Bihar
Nature of order	Company required to pay ₹9,94,341 with 7% p.a. interest and ₹1,00,000 compensation
Date of receipt	May 20, 2026 at 04:28 P.M.

Company Response and Impact

Regarding the violation or contravention, the adjudication authority has ordered the payment as detailed above. Greenply Industries indicated that it would take appropriate action in respect to the order.

In terms of the consequences for the listed entity, the company confirmed that there is no material impact on its financial, operational, or other activities that can be quantified in monetary terms. The disclosure was made for the information and record of the shareholders and exchanges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.55%	+0.21%	+8.75%	-10.15%	-15.91%	+17.38%

Greenply Industries Limited has disclosed a substantial acquisition of shares by its promoters and promoter group under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was executed via the open market on May 13, 2026.

The primary acquirer, Shakuntala Safeinvest Private Limited, purchased 38,200 shares, increasing its total holding to 46,786,779 equity shares. This represents 37.46% of the company's total share capital following the transaction. The acquisition did not involve any shares held under encumbrance or convertible securities.

Shareholding Details

The disclosure details the shareholding pattern of the acquirer and Persons Acting in Concert (PACs) before and after the transaction. The total equity share capital of the company remains unchanged at 12,49,02,045 shares of Re.1 each.

Shareholder Category	Before Transaction (Shares)	Before Transaction (%)	Transaction (Shares)	After Transaction (Shares)	After Transaction (%)
Acquirer	46,748,579	37.43	38,200	46,786,779	37.46
PACs	18,068,801	14.47	0	18,068,801	14.47
Total Promoter Group	64,817,380	51.89	38,200	64,855,580	51.93

The PACs include various family members and entities associated with the promoters, such as Rajesh Mittal, Sanidhya Mittal, and Mittal Business Holdings Trust. However, no changes in shareholding were reported for these PACs during this specific transaction.

Transaction Overview

The acquisition was limited to the acquirer, Shakuntala Safeinvest Private Limited, with no corresponding disposal or acquisition reported by the other identified PACs. The voting rights associated with the acquired shares have been updated in the company's records. The disclosure confirms that the total diluted share capital remains consistent with the equity share capital.