Century Plyboards (India) hikes shareholding in Century Infotech

Ace News

19th Nov 2024

Century Plyboards (India) has increased percentage of shareholding in its Subsidiary -- Century Infotech from 99.99% to 100% upon acquisition of 360 shares from the other existing shareholders. The acquisition and transfer of shares was completed on November 18, 2024. Consequently, Century Infotech has become a wholly owned subsidiary of the Company with effect from November 18, 2024.

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