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Century Plyboards

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Century Plyboards
CENTURYPLY
ISININE348B01021
IndustryPlywood and Veneers
Founded1986 Edit this on Wikidata
Founders
  • Sajjan Bhajanka
  • Sanjay Agarwal
HeadquartersKolkata, West Bengal, India
Websitewww.centuryply.com

Century Plyboards (India) Ltd. is an Indian manufacturer, seller and exporter of plywoods, laminates, doors, PVCs and veneers.[1][2][3][4] The company offers plywood products under the brand name, Century Ply, and exports its products to over 20 countries.[5] Spread into a 6.6 acre area, the company's plant is located at Bishnupur, near Joka, Kolkata.[6] Century Plyboards started the commercial production of MDF (Medium Density Fibre) at its newly set-up unit at Punjab recently. Century Ply (Singapore) Pte. Ltd., a subsidiary of Century Plyboards, has acquired 49% stake in Huesoulin Wood Processing Factory Co. Ltd., making it as its associate company.[7]

History

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Century Plyboard was founded in 1986 by Sajjan Bhajanka and Sanjay Agarwal in Kolkata.[8][9][10] Sajjan Bhajanka has been serving as its chairman since October 31, 2011.[8][9] He serves as the Chairman of Star Ferro and Cement Limited, Century Plyboards Ltd. and Shyam Century Ferrous Limited.[11] In 2013, the company launched its furniture stores under the sub-brand 'Nesta'.[12] In the same year, the company launched its subsidiary company Century Infotech. In 2015, Century Ply (Singapore) Pte. Ltd., a subsidiary of Century Plyboards (India) Ltd in Singapore incorporated Century Ply Laos Co. Ltd. in Laos.[13] The company began its manufacturing facilities near Kolkata, Karnal, Guwahati, Hoshiarpur, Kandla and Chennai and opened stores in many parts of India.[14][15] It became the first company to receive ISO 9002 certification for veneer and plywood.[16] Its subsidiary Century Infra was incorporated on December 30, 2021.[17]

EV Delivery Vans

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Century Plyboards launched a pilot project of EV delivery vans in July 2022. The vans are claimed to reduce carbon emissions by 17-30%.[18]

Board of directors

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Sanjay Agarwal is the Promoter and MD of Century Ply Boards (India) Ltd.[9][10] He is also the Promoter and Director of Star Cement and a key member of the executive committee of Indian Chamber of Commerce, Member of Confederation of Indian Industry (East) and Member of Young Presidents Organization GOLD (Kolkata). Sunil Mitra, Debanjan Mandal, and Vijay Chhibber serve as Directors while Nikita Bansal and Keshav Bhajanka serve as Executive Directors of the company. In addition, the company has 11 other board members.[19]

Awards

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CenturyPly is the first ISO 9002 company in India for Veneer and Plywood. In 2012, the company won Alumni Achievement Awards; Cool Tool Award 2012 Winner, and Network Marketing Awards.[16] In 2022, Century Plyboards (India) Ltd won E4m Pride of India Brands Honors.[20]

CSR activities

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In November 2019, Century Ply donated INR 2 lakh to Tata Medical Center for the treatment of underprivileged patients of breast cancer.[21]

In July 2021, the company pledged to plant 10,000 trees across West Bengal and Haryana as part of Van Mahotsav.[22][23]

References

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  1. ^ "CENTURY PLYBOARDS (I) LTD". BSE Ltd. Retrieved 14 October 2015.
  2. ^ "CENTURY PLYBOARDS (INDIA) LTD. (CENTURYPLY) – COMPANY HISTORY". Business Standard. Retrieved 9 October 2015.
  3. ^ "Century Plyboards jumps after incorporating new subsidiary in Indonesia". Business Standard. 15 July 2015. Retrieved 13 October 2015.
  4. ^ Mukherjee, Ritwik (21 July 2015). "Century Ply to create separate sub brand". Financial Chronicle. Archived from the original on 2 February 2017. Retrieved 14 October 2015.
  5. ^ "Century Plyboards (India) Ltd". NDTV Profit. 24 March 2016. Retrieved 24 March 2016.
  6. ^ Bharadwaj, Swati (6 August 2003). "Century Ply to invest Rs 26 cr in laminates plant - Times of India". The Times of India. Retrieved 9 November 2022.
  7. ^ "Century Plyboards (India) buys 49 pct stake in Huesoulin Wood Processing Factory". Reuters India. Archived from the original on 1 December 2017.
  8. ^ a b "Sajjan Bhajanka, Chairman, Century Plyboards (I) Ltd". India Infoline. Retrieved 14 October 2015.
  9. ^ a b c "Century Plyboards (India) Limited". FIPPI. Retrieved 14 October 2015.
  10. ^ a b "Sanjay Agarwal, MD, Century Plyboards (I) Ltd". Money Control. 17 October 2017. Retrieved 17 October 2017.
  11. ^ "Sajjan Bhajanka, Star Cement Ltd: Profile and Biography". Bloomberg. Archived from the original on 17 April 2021. Retrieved 16 July 2016.
  12. ^ Dutta, Indrani (16 August 2015). "Century Plyboard plans e-commerce platform for furniture sales". The Hindu. The Hindu. Retrieved 9 October 2015.
  13. ^ "Century Plyboards (India) Ltd forms subsidiary in Laos". Equity Bulls. 17 October 2015. Retrieved 23 October 2015.
  14. ^ "Century Plyboards to harness solar power". The Hindu. 17 September 2018. ISSN 0971-751X. Retrieved 9 November 2022.
  15. ^ Dutta, Indrani (3 January 2018). "Century Ply hopeful of early profit from Hoshiarpur unit". The Hindu. ISSN 0971-751X. Retrieved 9 November 2022.
  16. ^ a b Sriram, Malathy (19 December 2020). "Century Plywood: Building a culture of innovation over decades". BLoC. Retrieved 9 November 2022.
  17. ^ Kumar, Shivendra (20 July 2022). "Q1 Results FY23: Havells India, Century Plyboards, Newgen Software, Tata Communications declare June quarter results - highlights". Zee Business. Retrieved 9 November 2022.
  18. ^ "Century Plyboards launches EV delivery vans as a part of a pilot project". The Hindu Business Line. 28 July 2022. Retrieved 9 November 2022.
  19. ^ "Century Plyboards (India) Ltd". Business Standard India. Retrieved 9 November 2022.
  20. ^ "First edition of e4m Pride of India Brands honours 175 Indian brands". exchange4media. 21 April 2022. Retrieved 9 November 2022.
  21. ^ "CenturyPly hands out INR 2 lakh to Tata Medical Centre towards treatment and care of under privileged patients of breast cancer". United News of India. 13 November 2019. Archived from the original on 10 November 2022.
  22. ^ "CSR: CenturyPly pledges to plant 10,000 trees on Van Mahotsav 2021". India CSR. 6 July 2021. Archived from the original on 10 November 2022. Retrieved 9 November 2022.
  23. ^ "CenturyPly pledges to plant 10,000 trees on Van Mahotsav 2021". United News Of India. 6 July 2021. Archived from the original on 24 March 2023.


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