Independent Auditors'' Certificate in compliance with Exemption Order dated October 20, 2022
GREENPLY · price
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Mittal Business Holdings Trust, part of Greenply's promoter group, submitted an annual compliance certificate certified by independent auditor Sachin P Gupta & Associates. The Trust directly holds 58,83,750 shares (4.71%) and indirectly controls 37.35% through Shakuntala Safeinvest Private Limited, giving an aggregate control of 42.06% in Greenply Industries as of March 31, 2025. The certificate confirms the Trust has complied with all provisions of SEBI's exemption order dated October 20, 2022, which relates to the Trust's structure under takeover regulations. The filing has been submitted to SEBI, NSE, and BSE for public record.
This is a routine annual regulatory compliance filing with no material impact on stock price or shareholder value. It simply confirms that the promoter trust structure remains compliant with SEBI's exemption conditions for another year.