Century Plyboards (India) Ltd has incorporated a wholly owned Subsidiary by the name Century Panels Limited at Kolkata on February 19, 2020.
CPL is incorporated as a Wholly Owned Subsidiary to carry out manufacturing and/ or trading of Particle Board, MDF and other related products.
CPL, being a Wholly owned Subsidiary is a related party of the Company. However the initial subscription amount mentioned above does not fall within related party transaction. The promoter / promoter group of the Company have no personal interest in CPL.
Shares of CENTURY PLYBOARDS (I) LTD. was last trading in BSE at Rs.151.45 as compared to the previous close of Rs. 151.75. The total number of shares traded during the day was 1994 in over 168 trades.
The stock hit an intraday high of Rs. 154.55 and intraday low of 151.45. The net turnover during the day was Rs. 303516.