Greenply Industries Limited — Updates, 07-04-2025: Press Release

Greenply Industries Ltd. has installed the EvoFuge 360 Steam Recovery System at its MDF plant in Vadodara, making it the first of its kind in India. This innovative system is projected to reduce steam consumption in the refining process by at least 25%, which will significantly decrease the plant’s carbon footprint. The initiative aligns with Greenply's sustainability goals, expected to lower its biomass requirements and enhance energy efficiency in manufacturing. The company continues to prioritize advanced technologies that not only improve operational efficiency but also promote responsible resource use. This move reflects Greenply's commitment to sustainable manufacturing and its ambition to set higher standards in the industry. Investors should view this development positively, as it may enhance the company’s competitive edge and long-term growth potential.