Please find attached intimation in respect of order passed by Hon''ble State Consumer Disputes Redressal Commission, Patna, Bihar
GREENPLY · price
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Greenply Industries has received an adverse order from the Bihar State Consumer Disputes Redressal Commission in Patna. The consumer commission has directed the company to pay Rs 9,94,341 along with 7% interest per annum, plus compensation of Rs 1,00,000 to a consumer. The company received this order on May 20, 2026. Greenply states it will take appropriate action regarding this order. The company has clarified that this ruling has no material impact on its financial position, operations, or business activities. The total liability (excluding interest) amounts to approximately Rs 10.94 lakh, which is relatively small for a listed company.
The financial impact is minimal as the total payable amount is under Rs 11 lakh. For a company of Greenply's scale, this consumer court order is unlikely to materially affect stock performance or financials. However, it does represent a legal loss in a consumer dispute.