Greenply Proposes Samet JV Restructuring With $30-40 Million Investment

Greenply to dilute voting stake in Samet JV to ~19% from 50% as Samet invests $30-40m over 2-3 years via differential voting shares; Greenply retains ~43% economic interest initially, will deconsolidate JV, end further funding, focus on plywood and MDF; completion by Jan 2027.