Greenply Industries Limited — QIP/Rights/Pref., 28-04-2025: Allotment of Securities

Greenply has announced a board meeting to allot 7,000 equity shares at an issue price of INR 55 each to eligible employees under the Employee Stock Option Plan 2020. This allocation raises paid-up share capital from INR 12.49 Cr to INR 12.49 Cr. While this could slightly dilute existing holdings, it underscores the company's commitment to employee engagement and retention, potentially aiding operational and growth initiatives moving forward.