Greenply Industries Limited — Others, 20-06-2025: Action(s) taken or orders passed

Greenply’s wholly owned subsidiary, Greenply Sandila Private Limited, has received a tax order alleging excess input tax credit claims for FY 2023-24. The order includes a tax demand of approximately Rs. 7.98 crore, interest of Rs. 3 crore, and penalty of Rs. 7.98 crore. The company maintains it has complied with all relevant conditions and plans to file rectification or appeal against the order. This development currently has no material financial or operational impact on the listed entity.