GREENPLY INDUSTRIES LTD. - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Commencement Of Commercial Production By Greenply Samet Private Limited, 50:50 Joint Venture Company
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30 Mar 2024
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As per our earlier intimations to the Exchanges, we had incorporated a 50:50 Joint Venture Company in India in the name of Greenply Samet Private Limited, for manufacturing and selling functional furniture hardware.
This is to inform you that the said Joint Venture has commenced manufacturing activities and commercial production as per the Phase-I plan on 30th March 2024 in its Unit situated at Sherpura, Savli Halol Road, Dist. Vadodara, Gujarat. The production at this facility will be ramped-up in three phases spread over next 3 years.
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Source:
BSE India
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