The Board considered the re-appointment of Smt Nikita Bansal and appointment of Dr Rakesh Kumar Jain
CENTURYPLY · price
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The Board of Century Plyboards (India) Ltd has approved two director-level changes. Smt. Nikita Bansal, daughter of CEO & Managing Director Sri Sanjay Agarwal, is being re-appointed as Executive Director for a further five-year term starting 1st February 2027, following the expiry of her current term. She holds 69,200 equity shares and has 15 years of experience in management, administration, sales, and digitization. Separately, Dr. Rakesh Kumar Jain (69 years, 40+ years experience in industrial sustainability, research and innovation, holding a PhD in Chemistry) has been appointed as an Additional Director in the Independent category for a five-year term effective 22nd May 2026. Both appointments are subject to shareholder approval and neither director is debarred from holding office.
The re-appointment of a promoter family member (Nikita Bansal) maintains continuity in executive leadership tied to the founding family, while adding an independent director with deep technical expertise brings fresh perspective to the board.