Century Plyboards (India) Limited has informed the Exchange regarding Change in Director(s) of the company.
CENTURYPLY · price
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On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 2.1 pts more than its Plywood Boards/ Laminates peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Century Plyboards has announced the re-appointment of two key directors on its board, subject to shareholder approval. Shri Sajjan Bhajanka (age 73) will continue as Chairman and Managing Director for another 5 years starting 1st April 2026, and his son Shri Keshav Bhajanka (age 36) will continue as Executive Director for another 5 years starting 28th January 2026. Both have long-standing associations with the company — Sajjan since 1986 and Keshav since 2016. The company confirmed neither director has been debarred by SEBI or any other authority from holding a directorship.
This is a continuity announcement with no change in leadership — existing promoter-family directors are being retained, which provides stability but keeps control firmly within the founding Bhajanka family. Shareholders can expect no disruption in strategic direction; the re-appointments will be put to a vote at the upcoming general meeting.