Greenply Industries Limited — Others, 26-02-2025: Shareholders meeting

Greenply Industries has announced a board meeting to approve the re-appointment of Mr. Manoj Tulsian as the Joint Managing Director and CEO for another five years, effective from February 11, 2025. Following a positive recommendation from the Nomination and Remuneration Committee, the proposed resolution will be passed via remote e-voting. Mr. Tulsian's remuneration includes a monthly salary of ₹7.5 million, along with additional allowances, with the potential for a commission based on performance assessments. This move is expected to assure continuity in leadership and could positively impact investor sentiment due to the stability in management.