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Century Plyboards to Set Up a New Plant

The Board of Directors of Century Plyboards (India) have considered a proposal for setting up a new unit for manufacturing veneer and plywood in the state of Punjab.

The proposed capacity addition will be 60,000 CBM (Cubic Meters) per year.

The estimated investment for the plant is Rs. 75 crore and proposed capacity will be added in Q1/FY23. The project will be financed through internal accruals.