Century Plyboards (India) Limited — Important, 24-10-2024: Updates

Century Plyboards (India) Ltd. has announced the incorporation of a new wholly owned subsidiary, Century Panels B.V., in the Netherlands, effective October 22, 2024. This step-down subsidiary aims to enhance access to European markets for its products. Century Panels B.V. has an initial share capital of €50,000 and will operate in the trading of plywood, laminate, and MDF. The acquisition does not involve related party transactions or regulatory approvals.