Greenply Industries board approve capacity expansion of subsidiary
At meeting held on 04 February 2026
The board of Greenply Industries at its meeting held on 04 February 2026 has approved the proposed expansion of manufacturing capacity of MDF plant of the Company's wholly owned subsidiary i.e. Greenply Speciality Panels, situated at Village: Sherpura, Dist.: Vadodara, Gujarat.
Capacity additional details:
Existing capacity - 1000 CBM per day
Existing capacity utilization - 71% till Q3 FY26
Proposed capacity addition - 600-700 CBM per day
Investment required - Rs 425 crore
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 04 2026 | 7:16 PM IST