Century Plyboards (India) Limited has announced significant changes to its leadership team effective May 22, 2026. The board has approved the re-appointment of Smt. Nikita Bansal as Executive Director for an additional five-year term and welcomed Dr. Rakesh Kumar Jain as an Additional Director in the Independent category. These strategic appointments aim to bolster the company’s management expertise and long-term governance.
Executive Leadership Re-appointment
The company has confirmed the re-appointment of Smt. Nikita Bansal as an Executive Director. Her new term is scheduled to commence on February 1, 2027, following the expiration of her current term on January 31, 2027. Serving on the board since 2017, Smt. Bansal brings 15 years of experience in management, administration, sales, and internal digitization to her continued leadership role.
Strategic Addition to the Board
In a move to strengthen independent oversight and technical expertise, Dr. Rakesh Kumar Jain has been appointed as an Additional Director in the Independent category. His five-year term officially began on May 22, 2026. Dr. Jain, who holds a Ph.D. in Chemistry from the Forest Research Institute, brings over 40 years of extensive experience in industrial sustainability, research, and innovation to the organization.
Leadership Profile Summary
The board’s recent decisions reflect a balance between long-term operational continuity and the inclusion of specialized external expertise. While Smt. Bansal continues her oversight of company growth and digital transformation, the addition of Dr. Jain underscores a commitment to integrating deep research-based knowledge into the company’s strategic decision-making processes moving forward.
Source: BSE
