Century Plyboards (India) Ltd. to set up new unit in Punjab.

The Board of Directors of Century Plyboards (India) Ltd., by a resolution passed by circulation from, 22nd June, 2021, has considered a proposal for setting up a new unit in the state of Punjab for manufacturing of veneer and plywood.

The existing capacity of the Company for Plywood production is 300000 CBM per year (includes existing capacity in subsidiaries but excludes proposed capacities) and the proposed expansion project is for 60000 CBM per year.

The investment required for the expansion project is approximately Rs.75 Crores which will be raised through internal accruals.

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