Century Plyboards

Last updated

Century Plyboards
CENTURYPLY
ISIN INE348B01021
IndustryPlywood and Veneers
Founded1986  OOjs UI icon edit-ltr-progressive.svg
Founders
  • Sajjan Bhajanka
  • Sanjay Agarwal
Headquarters Kolkata, West Bengal, India
Website www.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]

Contents

History

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

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

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

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

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]

Related Research Articles

<span class="mw-page-title-main">Plywood</span> Manufactured wood panel made from thin sheets of wood veneer

Plywood is a composite material manufactured from thin layers, or "plies", of wood veneer that have been stacked and glued together. It is an engineered wood from the family of manufactured boards, which include plywood, medium-density fibreboard (MDF), oriented strand board (OSB), and particle board.

<span class="mw-page-title-main">Tata Consultancy Services</span> Indian multinational technology company

Tata Consultancy Services (TCS) is an Indian multinational company specializing in information technology services and consulting. Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 locations across 46 countries. TCS is the second-largest Indian company by market capitalization.

Tata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra. It is a part of the Tata Group.

<span class="mw-page-title-main">Tata Motors</span> Indian multinational automobile manufacturing company

Tata Motors Limited is an Indian multinational automotive company, headquartered in Mumbai and part of the Tata Group. The company produces cars, trucks, vans, and buses.

Tata Teleservices Limited along with its subsidiary Tata Teleservices (Maharashtra) Limited is an Indian internet services provider and IT services company headquartered in Mumbai, India. It is listed on BSE and NSE in India.

<span class="mw-page-title-main">Titan Company</span> Indian multinational jeweller and watchmaker

Titan Company Limited is an Indian company that mainly manufactures fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with TIDCO, the company has its corporate headquarters in Electronic City, Bangalore, and registered office in Hosur, Tamil Nadu.

The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. As of 2023, India is the 3rd largest automobile market in the world in terms of sales.

<span class="mw-page-title-main">Haldiram's</span> Indian restaurant and foodstuff manufacturer

Haldiram's is an Indian multinational sweets, snacks and restaurant company headquartered in Noida. The company has manufacturing plants in locations such as Nagpur, New Delhi, Gurgaon, Hooghly, Rudrapur and Noida. Haldiram's has its own retail chain stores and a chain of restaurants in Pune, Nagpur, Raipur, Kolkata, Noida and Delhi. Haldiram's products are sold in more than 80 countries.

<span class="mw-page-title-main">Bharti Airtel</span> Indian multinational telecommunications company

Bharti Airtel Limited is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles. It is the second largest mobile network operator in India and the second largest mobile network operator in the world. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.

<span class="mw-page-title-main">Sajjan Jindal</span> Indian businessman

Sajjan Jindal is an Indian billionaire industrialist. He is the chairman and managing director of JSW Group of companies; diversified in steel, mining, energy, sports, infrastructure and, software business.

<span class="mw-page-title-main">Tata Docomo</span> Indian telecommunications company

Tata Docomo was an Indian mobile network operator, a wholly owned subsidiary of Tata Teleservices deriving its name from NTT Docomo who invested in the company in 2008. In October 2017, Bharti Airtel announced a merger deal with Tata Teleservices and the acquisition of Tata Docomo. As of 7 July 2019, all Tata Docomo users are merged with Airtel network and provided with all the Airtel services.

Tata Housing Development Company (THDC) is a fully owned subsidiary of Tata Sons, a holding company of the Tata Group.

Tata Coffee was an Indian company that produced coffee, tea, pepper and related products. It was a subsidiary of Tata Consumer Products, and part of the Tata Group. Tata Coffee was merged with Tata Consumer Products on 1 January 2024.

<span class="mw-page-title-main">Tata Consumer Products</span> Indian consumer products company

Tata Consumer Products Limited is an Indian fast-moving consumer goods company and a part of the Tata Group. Its registered office is located in Kolkata while its corporate headquarters is in Mumbai. It is the world's second-largest manufacturer and distributor of tea and a major producer of coffee.

AIX Connect, formerly known as AirAsia India, is an Indian low-cost airline headquartered in Bangalore (Bengaluru), Karnataka and a wholly-owned subsidiary of Air India Limited which in turn is owned by Tata Group. The airline was founded as a joint venture between Tata Sons and AirAsia Bhd and commenced operations in June 2014 with Bangalore as its primary operating base. From 2020 to 2022, AirAsia Bhd gradually disinvested its shares in the joint venture and sold them to Tata Sons. In December 2022, after the entire shares of AirAsia India was acquired by Tata Sons, the airline was renamed AIX Connect ahead of its merger with Air India Express.

<span class="mw-page-title-main">IndiaMART</span> Indian e-commerce company

IndiaMART InterMESH Ltd is Indian's largest B2B online marketplace, connecting buyers and suppliers. It is headquartered in Noida and currently hosts 194 million registered buyers and 7.9 million sellers, listed on its marketplace. It has over 108 million products listed in over 98,000 product categories in across 56 industry groups.

<span class="mw-page-title-main">Airtel India</span> Indian telecommunications company

Airtel India is the second largest provider of mobile telephony and third largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. The brand is operated by several subsidiaries of Bharti Airtel, with Bharti Hexacom and Bharti Telemedia providing broadband fixed line services and Bharti Infratel providing telecom passive infrastructure service such as telecom equipment and telecom towers. Currently, Airtel provides 5G, 4G and 4G+ services all over India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its VoLTE technology across all Indian telecom circles.

<span class="mw-page-title-main">ITC Limited</span> Indian conglomerate

ITC Limited is an Indian conglomerate company, headquartered in Kolkata. It has a presence across six business segments, namely FMCG, hotels, agribusiness, information technology, paper products, and packaging. It generates a plurality of its revenue from tobacco products.

Greenlam Industries Ltd. is a surfacing products manufacturer based in India. The company provides laminates, Plywood, exterior & interior clads, decorative veneers, and engineered wooden floors & doors for residential and commercial spaces. The company was founded in 1993 and is based in New Delhi, India.

References

  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. 1 2 "Sajjan Bhajanka, Chairman, Century Plyboards (I) Ltd". India Infoline. Retrieved 14 October 2015.
  9. 1 2 3 "Century Plyboards (India) Limited". FIPPI. Retrieved 14 October 2015.
  10. 1 2 "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. 1 2 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.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.