Date: June 5, 2026

Investment Disclosure

Subsidiary Investment Details

Greenply Sandila Private Limited, a Wholly Owned Subsidiary (WOS) of Greenply Industries Limited, has made an investment of INR 45,00,000/- (₹45 lakh) to acquire 26% of total equity in Albano Solar Private Limited.

Target Company Information

  • Name: Albano Solar Private Limited
  • Incorporation: Incorporated under Companies Act, 2013 on March 13, 2023 (CIN: U35105HR2023FTC109870)
  • Business: Engaged in developing clean and green energy facilities, currently under process of developing clean energy facility
  • Industry: Renewable Energy Power Generation

Financial Performance of Albano Solar Private Limited

| Particulars | FY 2025-2026 (Un-Audited) | FY 2024-2025 (Audited) | FY 2023-2024 (Audited) |

| Total Income | ₹72.73 thousand | ₹145.98 thousand | NIL |

| PAT | (₹664.80) thousand | (₹157.28) thousand | (₹31.66) thousand |

| Net Worth | ₹5,532.61 thousand | (₹88.94) thousand | ₹68.35 thousand |

Transaction Details

  • Investment Purpose: Developing a group captive power generation facility in Uttar Pradesh with capacity of 1.5 MW (AC)
  • Power Usage: The generated power will be used by Greenply Sandila for its manufacturing unit situated at Plot No. H-2, Phase — I, Sandila Industrial Area, Raiso, Hardoi, Uttar Pradesh
  • Expected Benefit: Power cost to the manufacturing unit will be reduced
  • Related Party Transaction: No related party involvement confirmed
  • Consideration: Cash consideration of INR 45,00,000/-
  • Shares Acquired: 4,50,000 equity shares of ₹10 each
  • Completion Timeline: Indicative period of 15 days for completion
  • Regulatory Approvals: Not specified

Corporate Governance

  • Compliance: Disclosure made under Regulation 30 read with Schedule II of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015