Greenply Industries has witnessed an increase in promoter group shareholding following an open market acquisition by Karuna Investment Pvt. Ltd. The transaction, completed on February 09, 2026, involved the purchase of 57,500 equity shares, demonstrating continued confidence from the promoter group in the company's prospects.

Transaction Details

The acquisition details reveal a strategic increase in promoter holdings:

Shareholding Analysis

The transaction has resulted in measurable changes to the promoter group's stake in Greenply Industries:

Promoter Group Structure

The promoter group comprises multiple entities and individuals acting in concert. The largest stakeholder within the group remains Shakuntala Safeinvest Private Limited (formerly Showan Investment Private Limited), holding 46,675,879 shares representing 37.37% of the total share capital. Other significant promoter group entities include Trade Combines Partnership Firm with 11,709,580 shares (9.38%) and Mittal Business Holdings Trust holding 5,883,750 shares (4.71%).

Company Share Capital

Greenply Industries maintains a stable equity structure with 12,48,87,795 equity shares of face value Re.1/- each. The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited. Notably, 44,035 equity shares have been transferred to the Investor Education and Protection Fund, though their voting rights remain frozen until claimed by rightful owners.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved no encumbrances, warrants, or convertible securities, maintaining a straightforward equity acquisition structure. The promoter group confirmed no voting rights were acquired through instruments other than equity shares.

Greenply Industries Limited has announced a key leadership appointment, with the Board of Directors approving the appointment of Mr. Ashok Jaiswar as Senior Vice President - Marketing and Senior Management Personnel. The appointment was approved at the board meeting held on February 4, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Appointment Details

The appointment becomes effective from February 5, 2026, with Jaiswar taking on the role as a full-time employee. The board meeting, which commenced at 12:30 p.m. and concluded at 2:10 p.m., formalized this strategic leadership addition to the company's senior management team.

Professional Background

Ashok Jaiswar brings extensive experience to Greenply Industries, with over 25 years in marketing and communications across diverse sectors including consumer, automotive, and industrial brands. His career has been focused on driving large-scale brand transformations and business growth initiatives.

Jaiswar's expertise encompasses several key areas:

• Digital transformation and performance marketing
• Influencer strategy and CRM analytics
• Loyalty program development and management
• Strategic P&L leadership
• Customer-focused marketing approaches

Strategic Leadership Capabilities

The new Senior Vice President brings a proven track record of transforming legacy enterprises into high-growth, startup-driven businesses. His experience includes building profitable and dominant brands that deliver lasting value for customers, partners, and stakeholders.

Jaiswar is described as a strategic leader and customer-obsessed marketer who excels at solving complex problems through creativity and insight. His appointment is expected to strengthen Greenply Industries' marketing capabilities and support the company's growth objectives.

Regulatory Compliance

The appointment disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required details as mandated by the regulatory framework for senior management personnel appointments.