Sylvan Plyboard (India) Limited — Board Meeting, 23-06-2025: Outcome of Board Meeting
23-06-2025 | 04:43 pm
23-06-2025 | 04:43 pm
Sylvan Plyboard (India) has announced a board meeting to approve key corporate actions. The board approved increasing authorised share capital from ₹20 Cr to ₹30 Cr, subject to shareholder approval via postal ballot. They finalized the postal ballot process and appointed a scrutinizer to oversee it. The board noted pending tax demand notices from West Bengal authorities, which are under legal review. Additionally, the remuneration of Managing Director Anand Kumar Singh was revised to ₹3 lakh per month effective August 1, 2025. No other changes to his appointment terms were made.
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