Greenply Industries Income Tax Search Concludes After One Week

Greenply Industries Limited (BSE: 526797, NSE: GREENPLY, CIN: L20211WB1990PLC0268743) disclosed that the Income Tax Department's search and seizure operations, which began on February 26, 2026, concluded late on March 2, 2026.

Search Scope

The operations covered:

Company's registered office at 'Madgul Lounge', 23 Chetla Central Road, Kolkata.

Manufacturing unit of Greenply Sandila Private Limited (wholly-owned subsidiary).

Promoter residence and select executives' homes.

Company Response

Greenply extended full cooperation, providing all requested documents and clarifications. Business operations continued without disruption throughout the proceedings.

Authority - Income Tax Department
Nature - Search and Seizure under Income Tax Act, 1961
Duration - Feb 26 to Mar 2, 2026
Financial Impact - Not quantifiable currently

Shares of Greenply Industries Limited was last trading in BSE at Rs. 209.85 as compared to the previous close of Rs. 220.60. The total number of shares traded during the day was 7224 in over 291 trades.

The stock hit an intraday high of Rs. 216.50 and intraday low of 206.00. The net turnover during the day was Rs. 1519111.00.

Source : Equity Bulls

Keywords

GreenplyIndustries INE461C01038 ITSearch