Greenply Ind incorporates wholly owned subsidiary in Dubai

13/07/2016 13:50

Interior infrastructure company Greenply Industries Ltd on Wednesday said that it has incorporated a wholly owned subsidiary, Greenply Middle East Ltd, in Dubai, United Arab Emirates.

In a filing to the Bombay Stock Exchange, Greenply Industries said, “The company has incorporated a wholly owned subsidiary company named Greenply Middle East Limited in Dubai, United Arab Emirates on July 04, 2016.”

Earlier on May 24, the company’s board had approved the incorporation of a wholly owned subsidiary in Dubai.

Meanwhile, shares of the company were trading at Rs 251 apiece, up 2.81 per cent, from previous close on BSE at 13:54 hours.

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