Nature of change: Appointment of Mr. Gaurav Drolia as Executive Vice President - Chief Strategy Officer and Senior Management Personnel (SMP) of the Company.
Name and details: Mr. Gaurav Drolia (DIN not provided in disclosure), appointed effective October 31, 2026, on full-time employment terms.
Qualifications and experience: Chartered Accountant with MS (Finance) qualification. Over 20 years of professional experience in Deal Advisory, Corporate Restructuring, Transaction Advisory, Due Diligence and Valuations. Specific expertise includes Transaction Advisory, Corporate Restructuring, Business Acquisitions (Domestic & Cross Border), Financial Due Diligence, Valuation of shares, businesses, Intangible asset valuations, and Purchase Price Allocations. Industry experience spans Cement, Building Material, Pharmaceuticals, Healthcare, Engineering, Automobile and Financial Services.
Regulatory compliance: The appointment was made based on the recommendation of the Nomination and Remuneration Committee and complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 under Regulation 30 read with Schedule III.
Relationship disclosure: Not applicable as this is a senior management appointment, not a directorship.
Board Meeting Details
Meeting date: October 29, 2026
Meeting timing: Commenced at 1:30 PM and concluded at 3:15 PM
Approval authority: Board of Directors of Greenply Industries Limited
