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Board of Century Plyboards (India) approves Rs 200 cr capex for MDF Board unit

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Capital Market

At meeting held on 09 February 2021

The Board of Century Plyboards (India) at its meeting held on 09 February 2021 has approved proposal for expansion of the Company's Medium Density Fiber (MDF) Board unit located at Hoshiarpur in Punjab by making an additional capital expenditure of approx. Rs. 200 crore. The existing operating capacity of the plant is 600 cbm per day which is expected to be increased to 1000 cbm per day, post this expansion.

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First Published: Feb 09 2021 | 7:24 PM IST

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