Century Plyboards’ Board of Directors has approved the re-appointment of Shri Sanjay Agarwal as CEO and Managing Director and Shri Ajay Baldawa as Executive Director (Technical) for another five years, effective July 1, 2026. The board also approved setting up a new manufacturing unit for Plywood and Medium Density Fiber boards (MDF) in Uttar Pradesh and the re-designation of Dr. Sandip Pradhan.
Key Leadership Re-appointments
The Board of Directors at Century Plyboards has approved the re-appointment of key managerial personnel. Shri Sanjay Agarwal (DIN: 00246132) has been re-appointed as CEO and Managing Director for a further term of five years, effective July 1st, 2026, with the current term expiring on June 30th, 2026. Similarly, Shri Ajay Baldawa (DIN: 00472128) has been re-appointed as Executive Director (Technical) also for five years beginning July 1st, 2026, with the present tenure ending June 30th, 2026.
New Manufacturing Unit in Uttar Pradesh
The board has given its nod to a proposal for establishing a new manufacturing unit in Uttar Pradesh. This unit will focus on the production of Plywood and Medium Density Fiber boards (MDF), expanding the company’s manufacturing footprint and capacity.
Re-designation of Key Executive
Dr. Sandip Pradhan has been approved for re-designation as Chief Digital & Information Officer. This re-designation reflects the company’s focus on digital transformation and the increasing importance of information technology in its operations. Dr. Pradhan’s role will now be included in the SMP category.
Meeting Conclusion
The board meeting, held on February 4th, 2026, commenced at 12:30 PM and concluded at 1:33 PM, where the aforementioned decisions were transacted.
Source: BSE
