Greenply Industries Ltd has informed BSE that the Hon’ble High Court at Gauhati has directed that a meeting of the equity shareholders of the Company be convened and held on July 12, 2008 for the purpose of considering and if thought fit, approving, with or without modification the proposed Scheme of Amalgamation of Galaxy Decor Pvt. Ltd and Platinum Veneers Pvt. Ltd. with the Company.
Greenply Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to transact the following agenda:
1. To consider, approve and take on record the Audited Financial Results and also Consolidated Audited Financial Results for the year ended March 31, 2008.
2. To consider and recommend final dividend for the financial year 2007-2008.
Greenply Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 19, 2008, has decided to incorporate a Wholly Owned Subsidiary Company of Greenply Industries Ltd in the name of GREENLAM AMERICA INC in the state of Florida (U.S.A). The Wholly Owned Subsidiary Company shall be engaged in the marketing of Laminates manufactured by the Company.