Century Plyboards (India) Limited has informed the Exchange regarding Change in Director(s) of the company.
CENTURYPLY · price
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Century Plyboards' board meeting on 22nd May 2026 approved two changes. First, the re-appointment of Smt. Nikita Bansal as Executive Director for a further five-year term starting 1st February 2027 (her current term ends 31st January 2027), subject to shareholder approval. Second, the appointment of Dr. Rakesh Kumar Jain (69 years old, with 40+ years of experience in industrial sustainability, research and innovation) as an Additional Director in the Independent category for a five-year term effective 22nd May 2026. Nikita Bansal holds 69,200 equity shares and serves on the boards of multiple group companies. The company confirmed neither director is debarred from holding a director position by any SEBI order.
The re-appointment of Nikita Bansal reinforces the promoter's family presence in senior management. Dr. Jain's appointment adds independent oversight with deep research and sustainability expertise. Both changes are routine but shareholder approval is needed for the re-appointment, effective 2027.