Century Plyboards' Board Approves Re-appointment of Director, Names Additional Director
Century Plyboards (India) Limited announced on May 22, 2026, that its Board of Directors, based on recommendations from the Nomination and Remuneration Committee, approved significant changes in its directorship structure.The Board's approvals included the re-appointment of Smt. Nikita Bansal as an Executive Director and the appointment of Dr. Rakesh Kumar Jain as an Additional Director in the Independent category.
Smt. Nikita Bansal was re-appointed for a further period of five years, effective from February 1, 2027. Her existing term was set to expire on January 31, 2027.
Additionally, Dr. Rakesh Kumar Jain was appointed as an Additional Director for a term of five years, effective immediately from May 22, 2026. The company confirmed that neither director is debarred from holding the office of Director by any regulatory authority.
Director Profile Details
The company provided detailed profiles for both directors involved in the change.| Attribute | Smt. Nikita Bansal | Dr. Rakesh Kumar Jain |
|---|---|---|
| Age (Years) | 37 | 69 |
| Nationality | Indian | Indian |
| Experience (Years) | 15 | 40+ |
| Expertise | Management, administration, sales, internal communication and digitization | Industrial sustainability, research and innovation |
| Shareholding | 69,200 equity shares (F.V. Re. 1 each.) | Nil |
| Key Qualifications | Economic Graduate and Minor in Business and Mathematics | Ph.D. in Chemistry (Forest Research Institute), M.Sc. in Chemistry (Meerut University), Certification in IPR |
| Relationship | Daughter of Sri Sanjay Agarwal, CEO & Managing Director | None |
| Other Directorships | Adonis Vyaper Pvt. Ltd., Apnapan Viniyog Pvt. Ltd., Beautiful Homes & Apartments Pvt. Ltd., Century Coats Ltd., Century Infotech Ltd., Century Ports Ltd., Century Infra Ltd., Century Panels Ltd., Star Cement North East Ltd., Star Smart Building Solutions Ltd. | None |
The Board meeting was held on May 22, 2026.
CENTURYPLY Stock Price Movement
On Friday, Century Plyboards (India) Limited settled higher, gaining 0.45% and closing at ₹766.65. Trading activity for the company saw a volume of 70,869 shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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