Greenply Industries Limited — Others, 27-02-2025: Action(s) taken or orders passed

Greenply has announced a board meeting to address an order from the Assistant Commissioner of State Tax, requiring a tax payment of ₹5.49 lakh, along with interest of ₹4.36 lakh and a penalty of ₹61,114 for the fiscal year 2020-21. The company asserts that it has complied with all tax obligations and views the situation favorably while planning to file an appeal against the order. This development appears to have a neutral impact on the company’s financial health, suggesting stability for investors amidst the ongoing resolution.