Century Plyboards (India) Ltd

Meeting Details

• Board meeting on 4 November 2026 at 12:30 P.M. at Registered Office, P-15/1 Taratala Road, Kolkata-700 088.

Key Agenda Items

• Consider unaudited standalone and consolidated financial results for quarter and half year ended 30 September 2026.

Other Notes

• Trading window closed from 1 October 2026; reopens on 6 November 2026 after results submission.

Century Plyboards (India) Ltd - Trading Window closed for all Directors, Designated Persons of the Company and their immediate relatives on 1st October, 2026 and would re-open after expiry of 48 hours from the announcement of the unaudited financial results for the quarter and half year ended 30th September, 2026.

AGM Details

• AGM held on 16 September 2026 at 11:30 AM via VC/OAVM.
• Shareholders on record: 49,500.
• Voting mode: Remote e-voting before the AGM and e-voting at the AGM.
• Promoter attendance: 30; Public attendance: 86, via VC/OAVM.

Resolutions and outcomes

• Item 1: Ordinary – Adoption of standalone and consolidated financial statements; approved.
• Item 2: Ordinary – Dividend on equity shares for FY ended 31 Mar 2026; approved.
• Item 3: Ordinary – Re-appointment of director by rotation; approved.
• Item 4: Ordinary – Re-appointment of director by rotation; approved.
• Item 5: Special – Re-appointment of CEO and Managing Director; approved.
• Item 6: Special – Re-appointment of Executive Director (Technical); approved.
• Item 7: Special – Re-appointment of Executive Director Nikita Bansal; approved.
• Item 8: Special – Revision in remuneration of Nikita Bansal; approved.
• Item 9: Special – Revision in remuneration of Executive Director; approved.
• Item 10: Special – Increase in borrowing limits under Section 180(1)(c); approved.
• Item 11: Special – Creation of charges on assets under Section 180(1)(a); approved.

Dividend

• Dividend on equity shares approved for FY ended 31 March 2026.

Directors

• Directors: Re-appointments by rotation for multiple directors; no new appointments.
• Remuneration changes approved for Executive Directors Nikita Bansal and others.

Auditors

• Auditors: No changes to statutory, secretarial, or cost auditors reported.

Related party transactions

• Material RPTs: No material related party transactions approved.

Other material approvals

• Borrowing limits increased under Section 180(1)(c).
• Creation of charges on assets under Section 180(1)(a) approved.

Directorship changes approved at AGM 16 Sep 2026

• Re-appointment of Rajesh Kumar Agarwal as Director upon retirement by rotation, effective 16 Sep 2026.
• Re-appointment of Prem Kumar Bhajanka as Director upon retirement by rotation, effective 16 Sep 2026.
• Re-appointment of Sanjay Agarwal as CEO and MD for five years from 1 July 2026.
• Re-appointment of Ajay Baldawa as Executive Director (Technical) for five years from 1 July 2026.
• Re-appointment of Nikita Bansal as Executive Director for five years from 1 February 2027.
• Relationship: Sanjay Agarwal is father of Nikita Bansal (Executive Director).
• Not debarred from holding office by SEBI or other authorities.

AGM details

• Date, time, mode: 16 September 2026, 11:30 AM, VC/OAVM.
• Cut-off for voting eligibility: 9 September 2026.
• Remote e-voting window: 12 September 2026 to 15 September 2026.
• Meeting concluded at 1:25 PM.
• Quorum present; speakers addressed questions.
• Scrutinizer appointed for e-voting.
• Registers and documents available for inspection.

Ordinary business

• Resolution 1 (Ordinary): Adoption of standalone and consolidated financial statements — Passed.
• Resolution 2 (Ordinary): Dividend on equity shares — Passed.
• Resolution 3 (Ordinary): Re-appointment of Rajesh Kumar Agarwal — Passed.
• Resolution 4 (Ordinary): Re-appointment of Prem Kumar Bhajanka — Passed.

Special business

• Resolution 5 (Special): Re-appointment of Sanjay Agarwal as CEO & MD — Passed.
• Resolution 6 (Special): Re-appointment Ajay Baldawa as Executive Director (Technical) — Passed.
• Resolution 7 (Special): Re-appointment Nikita Bansal as Executive Director — Passed.
• Resolution 8 (Special): Revision in remuneration of Nikita Bansal — Passed.
• Resolution 9 (Special): Revision in remuneration of Keshav Bhajanka — Passed.
• Resolution 10 (Special): Increase in borrowing limits — Passed.
• Resolution 11 (Special): Creation of charges on assets — Passed.

Voting results

• All resolutions passed by requisite majority; details to be shared later.

Auditors / governance

• NoChanges in statutory/secretarial/cost auditor appointments announced.

Dividend and TDS updates

• Board recommended dividend of Re 1 per share for FY2025-26, subject to AGM approval.
• Record date for entitlement is 9 September 2026.
• Dividend payable only if approved at the AGM on 16 September 2026.
• TDS will apply to dividends under IT Act 2025, with rates by shareholder category.
• Non-residents face 20% TDS, with potential lower DTAA rates if documents provided.
• DTAA rates not automatically applied; rate determined after document review.
• Deadline to submit required documents is 9 September 2026; submissions via specified channels.
• Shareholders must update PAN and other tax details; mismatches may lead to higher withholding.
• KYC and bank details updates needed for demat and physical shares per SEBI guidelines.
• Company will issue TDS certificates by email after dividend payment.

AGM notice and e-voting details

• Intimation of 45th AGM on 16 September 2026 via video conference.
• Electronic AGM notice and FY2025-26 annual report sent to registered email addresses.
• Shareholders with unregistered emails can access materials via company website links.
• Cut-off date for e-voting: September 9, 2026.
• e-Voting window: 12 September 2026 09:00 to 15 September 2026 17:00.
• Final dividend for FY2025-26: Re. 1 per equity share; record date 9 September 2026.
• Dividend payments require KYC compliance of folio/demat accounts.
• Materials available on company website and exchange portals.

Overview

• Consolidated BRSR for FY2025-26; boundary includes Centuryply and Indian subsidiaries; overseas subsidiaries excluded.
• Main activities: plywood, laminates, MDF; 97% turnover from plywood products; CFS services 3%.
• Assurance by Moore Singhi Advisors; reasonable on Core KPIs, limited on select non-core KPIs.

Key ESG Risks & Opportunities

• Timber sourcing: 98% from agroforestry; over 50% FSC-certified; 78 lakh saplings distributed.
• Energy transition: 18% renewable energy; 14.26 MW rooftop solar; RE PPA for Chennai.
• Waste & water: ZLD across facilities; wood waste used as biomass; zero-landfill for chemical waste.
• Chemicals: low-emission binders; safety training; enhanced occupational health standards.
• Supply chain: ESG vetting and traceability; backward integration to curb unethical practices.
• Climate risk: Scope 3 emissions tracked; potential energy cost impacts and transition opportunities.

Governance & Policy Highlights

• Board oversight via Risk Management Committee; ESG Committee and Management Committee monitor KPIs and frameworks.
• Key policies: Anti-bribery, whistleblower, related party transactions, CSR and BRSR policy; board-approved.
• Assurance: Moore Singhi provides reasonable assurance on Core KPIs; limited assurance on non-core KPIs.
• No material penalties or disciplinary actions reported for FY2025-26.

Social Responsibility & Workforce

• Total workforce: 4,823; 4,621 permanent; 12,095 workers; board female representation 25%.
• Differently-abled: 6 permanent employees; 20 differently-abled workers.
• LTIFR: Employees 0.26; Workers 1.79; total injuries 4 employees, 52 workers; one worker fatality.
• Well-being spend: 0.08% of revenue; high training coverage for health, safety, and skills.
• Grievances: 129 employee/workers complaints; 0 pending; 4,742 customer complaints; 223 pending.
• CSR focus: VATAVARAN, GYANODAY, Swasthya Swachhata, Samajik Kalyan; 78 lakh saplings distributed.

Environmental Performance

• Energy: total 46,11,976 GJ; ~75% from biomass; 14.26 MW rooftop solar; 18% renewable share.
• GHG: Scope 1 41,722 tCO2e; Scope 2 129,003 tCO2e; intensity 0.32 MtCO2e per Lac turnover.
• Water: total withdrawal 752,382 KL; surface 218,709; groundwater 459,410; third party 74,263.
• Waste: total 166,643 MT; 98% wood waste used as biomass; zero-landfill for chemical waste.
• Certifications/targets: ISO 14001/45001/27001; Net Zero Scope 1+2 by FY2050; ZLD across facilities.

Stakeholder Engagement & Complaints

• Stakeholders: employees, investors, customers, suppliers, communities, government; channels include meetings and surveys.
• Engagement frequency: quarterly/annual; topics include safety, benefits, growth, product feedback.
• Customer complaints: 4,742 filed; 223 pending; employee/workers complaints: 129 filed; 0 pending.
• CSR oversight: Audit/Stakeholder relations/CSR committees review ESG and stakeholder inputs.

Other Notable Metrics

• RPTs: purchases from related parties 0.01%; sales/loans/investments with related parties minimal.
• Sourcing: 98% timber from agroforestry; 50%+ FSC-certified; ~7,990 dealers; top 10 dealers 6.17% of sales.
• Data privacy/cyber: Nil data breaches; ISO 27001:2022 information security management.
• Product recalls: Nil; consumer protection: Jaaniye Phir Chuniye and Century Promise for authenticity.
• CSR beneficiaries: extensive programs; 78 lakh saplings distributed; numerous education and healthcare initiatives.
• Public policy: engages with industry associations; no anti-competitive orders reported.

Consolidated financial & operational highlights

• Consolidated revenue ₹5,397.18 Cr; YoY +19.2%.
• Net profit to equity shareholders ₹26,269.54 Lacs; EPS ₹11.82.
• Final dividend ₹1 per share proposed.
• Exports ₹217.61 Cr in FY2025-26.
• Capex ₹393.37 Cr.
• Total assets ₹5,10,353.27 Lacs.
• Cash and cash equivalents ₹3,017.52 Lacs.
• Total borrowings ₹1,63,006.47 Lacs.
• Debt-to-equity ratio 0.68x.
• Geography: Indian revenue ₹5,24,357.92 Lacs; overseas ₹15,360.07 Lacs.