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Greenply Industries Limited and M/s. SAMET B.V., a Private Limited Company, have incorporated a Joint Venture Company namely "Greenply Samet Private Limited" on 26th October 2023 in the ratio 50:50 respectively. Authorized Share Capital: INR 200,000,000 Paid up Share Capital: INR 200,000,000. Manufacturing and selling functional furniture hardware such as slide systems for wooden and metallic drawers, hinge systems, lift-up systems, and other connection fittings etc.
Through a manufacturing facility in India. Greenply Samet Private Limited has been incorporated as a Joint Venture Company to carry out manufacturing and selling functional furniture hardware such as slide systems for wooden and metallic drawers, hinge systems, lift-up systems, and other connection fittings etc. through a manufacturing facility in India.
Greenply Samet Private Limited is a newly incorporated Company with Capital structure as stated in sl. no. 1 above Greenply Samet Private Limited is incorporated as a Joint Venture Company on equal shareholding basis (1:1) with an initial subscription of 10,000,000 equity shares of INR 10 each by Greenply Industries Limited and 10,000,000 equity shares of INR 10 each by M/s. SAMET B.V., respectively.
Greenply Samet Private Limited has been incorporated on 26th October, 2023 for manufacturing and selling functional furniture hardware such as slide systems for wooden and metallic drawers, hinge systems, lift-up systems, and other connection fittings etc. through a manufacturing facility in India. The registered office of the said new Company is situated in the State of Maharashtra at, D Wing-1401 & 1402, Lotus Corporate Park, Goregaon East, Mumbai- 400063, India and is yet to commence its business operations.
