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Greenply Industries Limited has approved a corporate guarantee of ₹200 Crore in favour of IDBI Bank for a term loan availed by its subsidiary, GSPPL.
Greenply Industries approved a ₹130 Crore corporate guarantee for its subsidiary's credit facilities from Federal Bank. The board also reconstituted its Risk Management Committee.
Greenply Industries Limited paid a USD 1 Million (₹9.40 Crore) financial guarantee to Citi Bank N.A., Dubai, for Greenwud Panel Limited. The board approved a ₹9.48 Crore impairment provision for the fiscal year ended March 31, 2026, due to operational challenges in the Middle East. The company confirms no further liability regarding this guarantee.