Century Plyboards (India) has made further investments to the extent of Rs 20.95 crore in its wholly owned subsidiary company, Century Panels (CPL), by way of subscription to 2,09,50,000 fully paid up equity shares of face value Rs 10 each through Rights issue. The company has made investments to meet the capex and working capital requirements of CPL for its ongoing project.
Century Plyboards (India) is largest seller of plywood and decorative veneers in the Indian organized plywood market. The manufacturing facility of company is located at Bishnupur near Joka, Kolkata.