Please be informed that the Company''s Wholly Owned Subsidiary (WOS) Greenply Sandila Private Limited has made investment in equity shares of Albano Solar Private Limited
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 05 Jun 2026, 07:04 PM IST · BSE ID: be8c36d4-9649-4e4a-a052-cdd018087542
View Original BSE Filing (PDF)
💡
In Simple Terms
Greenply's subsidiary invested INR 45,00,000 to acquire 26% of a solar company for captive power.
🤖 AI Summary
- Greenply Sandila Private Limited, a WOS of Greenply, invested INR 45,00,000 in Albano Solar.
- The investment secures 26% of Albano Solar Private Limited's total equity shares.
- Albano Solar will develop a 1.5 MW (AC) group captive power facility in Uttar Pradesh.
- The generated power will supply Greenply Sandila's manufacturing unit, reducing power costs.
- The acquisition is a cash consideration and is anticipated to be completed within 15 days.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total investment by WOS
INR 45,00,000/-
Percentage of equity acquired
26%
Captive power capacity
1.5 MW (AC)
Albano Solar Total Income FY 25-2026 (Un-Audited)
72.73 Rs. in Thousand
Not comparable — limited prior period data.
Albano Solar PAT FY 25-2026 (Un-Audited)
(31.66) Rs. in Thousand
Not comparable — limited prior period data.
Albano Solar Net Worth FY 25-2026 (Un-Audited)
68.35 Rs. in Thousand
Not comparable — limited prior period data.
🏢 How This Affects the Company
This investment secures a dedicated power source for Greenply Sandila's manufacturing unit, supporting operational continuity and potentially enhancing energy efficiency.
The INR 45,00,000 investment represents a cash outflow, aimed at reducing future power costs for the subsidiary's manufacturing operations.
The 1.5 MW (AC) captive power facility will provide power to Greenply Sandila's manufacturing unit, potentially leading to more stable energy supply and lower utility expenses.
Developing a captive power facility could mitigate risks associated with fluctuating grid power prices and supply disruptions for the Sandila unit.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this disclosure.
👤
Who Is Affected
Existing shareholders of Greenply Industries Ltd are affected as the company's subsidiary is utilizing INR 45,00,000 cash for this strategic investment.
🔍
Management Signal
Management is signaling a focus on operational efficiency and cost reduction through captive power generation for its manufacturing units.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Completion of the acquisition within the stated 15-day period.
Updates on the development and commissioning of the 1.5 MW (AC) power facility.
Future financial disclosures on power cost savings for the Sandila unit.
LOW RISK
The investment value is relatively small and aims to secure operational efficiency.
💡 Investor Takeaway
Greenply Industries' WOS, Greenply Sandila Private Limited, made a INR 45,00,000 investment for 26% equity in Albano Solar Private Limited to develop a 1.5 MW (AC) captive power facility. This initiative is intended to reduce power costs for Greenply Sandila's manufacturing unit in Uttar Pradesh.
⚖️ Strengths & Concerns
✅ Positives
- Strategic investment secures 26% equity in Albano Solar for a 1.5 MW (AC) captive power facility.
- Aims to reduce power costs for Greenply Sandila's manufacturing unit by generating its own power.
⚠️ Concerns
- Albano Solar Private Limited reported negative PAT of (31.66) Rs. in Thousand for FY 25-2026 and (664.80) Rs. in Thousand for FY 24-2025.
- Albano Solar's Net Worth decreased from 5532.61 Rs. in Thousand in FY24-2025 to 68.35 Rs. in Thousand in FY25-2026.
❓ Frequently Asked Questions
What is the investment value made by Greenply's subsidiary in Albano Solar?
Greenply Sandila Private Limited, a Wholly Owned Subsidiary of Greenply Industries Ltd, made a total investment of INR 45,00,000/- in Albano Solar Private Limited.
What percentage of equity did Greenply's subsidiary acquire in Albano Solar?
The investment secured 26% of the total equity shares of Albano Solar Private Limited.
What is the purpose of Greenply's investment in Albano Solar?
The investment is for developing a group captive power generation facility with a capacity of 1.5 MW (AC) in Uttar Pradesh, to be used by Greenply Sandila's manufacturing unit.
What was Albano Solar Private Limited's Net Worth for FY 25-2026?
Albano Solar Private Limited reported a Net Worth of 68.35 Rs. in Thousand for FY 25-2026 (Un-Audited).
Questions based on this BSE filing only. For information purposes.