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Century Plyboards completes disposal of entire stake in CSPL

24 Apr 2024 Evaluate

Century Plyboards (India) has completed disposal and transfer of its entire stake in Century Ply (Singapore) (CSPL) on April 23, 2024. Consequently, CSPL remains a subsidiary of the Company till April 22, 2024. Further, Century Ply Laos Co. and Century Huesoulin Plywood Lao Co., both subsidiaries of CSPL, also cease to be step-down subsidiaries of the Company from the said date.

Earlier, the Board of Directors had approved disposal of its investments in its non-material subsidiary, Century Ply (Singapore) due to shut-down of its operation and that of its step-down subsidiaries in Laos since more than five years.

Century Plyboards (India) is largest seller of plywood and decorative veneers in the Indian organized plywood market. 


Century Plyboards(I) Share Price

761.40 9.85 (1.31%)
17-Apr-2026 16:59 View Price Chart
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