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Sylvan Plyboard (India) LimitedBoard Meeting, 23-06-2025: Outcome of Board Meeting

23-06-2025 | 04:30 pm

Sylvan Plyboard has announced a board meeting on which it approved increasing authorised share capital from ₹20 Cr to ₹30 Cr, subject to shareholder approval via postal ballot. The company plans to amend its Capital Clause accordingly. The board also approved revising Managing Director Anand Kumar Singh’s monthly remuneration to ₹3 lakh starting August 2025. Separate legal notices related to past tax demands were noted, with the company evaluating its options. No dividend or operational updates were announced.

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