Greenlam Industries Ltd - 538979 - Greenlam Industries Announces Entry Into Plywood And Particle Board Business And To Set Up Its Third Laminate Plant
Pursuant to the Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform you that the Board of Directors of Greenlam South Limited ('GSL'), a WOS of Greenlam Industries Limited ('Greenlam'), at their meeting held on December 13, 2021, has approved the followings: 1. To set up a greenfield project for manufacturing of Particle Board and allied products at Naidupeta, Nellore in Andhra Pradesh. 2. To enhance the capacity of the greenfield laminate project being set-up at Naidupeta, Nellore in Andhra Pradesh from 1.5 million laminate sheets/board per annum to 3.5 million laminate sheets/board per annum. Further, the Board of Directors of HG Industries Limited (formerly Himalaya Granites Limited) (HGIL), a subsidiary of Greenlam, at their meeting held on December 13, 2021, has approved to set up a greenfield project for manufacturing of Plywood and allied products at Tindivanam, Tamil Nadu. For complete information, please refer the attachment.13-12-2021
