Greenply Industries Limited has informed the Exchange regarding 'reference to our earlier intimation dated August 11, 2025, regarding expansion of manufacturing capacity from 800 cbm per day to 1000 cbm per day at the MDF plant of the Company's wholly owned subsidiary i.e. M/s. Greenply Speciality Panels Pvt. Ltd. (WOS), situated at Village Sherpura, Dist. Vadodara, Gujarat.We would like to inform you that the manufacturing operations at said plant have resumed, and manufacturing capacity have expanded by 200 cbm per day. Now the expended capacity of the said plant is 1000 cbm per day. '.
GREENPLY · price
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Greenply Industries announced that its wholly owned subsidiary, Greenply Speciality Panels Pvt. Ltd., has resumed manufacturing operations at its MDF plant in Village Sherpura, Vadodara, Gujarat. Following the expansion, the plant's capacity has increased from 800 cubic metres (cbm) per day to 1,000 cbm per day, a 25% rise. The company had previously intimated this capacity expansion plan on August 11, 2025. This is a brownfield expansion at an existing facility, not a new plant setup.
Positive for the company as higher capacity should support revenue growth and better utilization in the MDF segment. Shareholders can expect improved operational volumes, though near-term margins may see some pressure from expansion-related costs.