Greenply Industries announces cessation of subsidiary

On 29 November 2014

Greenply Industries announced that pursuant to an order passed by the Hon'ble Gauhati High Court on 31 October 2014 approving the Scheme which became effective on 17 November 2014 and pursuant to Clause 8 of the Scheme, the Board of Directors of Greenlam Industries at their meeting held on 29 November, 2014 allotted 2,41,36,374 equity shares of Rs. 5/- each to the Shareholders of Greenply Industries who held shares on the 27 November 2014, being the record date. Powered by Capital Market - Live News