Board of Century Plyboards (India) approves setting up new unit for veneer and plywood

At meeting held on 22 June 2021

Jun 23, 2021 12:06 IST capital market

The Board of Century Plyboards (India) at its meeting held on 22 June 2021 has considered a proposal for setting up a new unit in the state of Punjab for manufacturing of veneer and plywood.

The new unit will add capacity of 60000 CBM per year to the current capacity of 3 lakh CBM by Q1 FY 2023. The unit will require a capital outlay of approx. Rs 75 crore.

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