Greenply: ESOP boosts capital after strong earnings

Greenply Industries Limited announced on November 4, 2025, that its nomination and remuneration committee approved the allotment of 7,000 equity shares, each with a face value of Re.1/-. These shares were issued to eligible employees who exercised their stock options under the Greenply Employee Stock Option Plan 2020 ("ESOP 2020").

Following this allotment, the company's paid-up share capital increased from 12,48,80,795 equity shares to 12,48,87,795 equity shares, with the aggregate value rising from Rs. 12,48,80,795 to Rs. 12,48,87,795. The exercise price per share was INR 55/-, comprising a face value of Re. 1/- and a premium of INR 54/-.

All new equity shares allotted under the ESOP 2020 will rank pari-passu with the existing equity shares of Greenply Industries Limited. The company also confirmed that there are no lock-in periods for these newly issued shares.