Greenpanel Industries Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting

Greenpanel's board meeting on July 30, 2025, delivered key updates. The company reported a Q1 revenue of ₹328.19 Cr and a net loss of ₹34.62 Cr. This loss was significantly impacted by a ₹23.39 Cr foreign exchange loss from revaluing a Euro loan. Additionally, the company chose to defer recognizing ₹81.55 Cr in government subsidies (power, green measures, land conversion) awaiting full evidence. On the leadership front, Mr. Vineet Bansal has been appointed as the new Chief Information Officer, effective August 8, 2025, succeeding Mr. Jayanta Bhowmik.