Century Plyboards (India) Limited kicked off the new phase of its leadership with a slate of re-appointments and five-year term renewals approved at the company’s Annual General Meeting held on 16 September 2026. The resolutions include the re-appointment of Rajesh Kumar Agarwal and Prem Kumar Bhajanka as Directors, each re-appointed upon retirement by rotation, alongside the continuation of Sanjay Agarwal as Chief Executive Officer and Managing Director for a further five-year period beginning 1 July 2026. In addition, Ajay Baldawa will continue as Executive Director (Technical) for five more years from 1 July 2026, and Nikita Bansal will serve as Executive Director for another five years starting 1 February 2027.
The company notes that these appointments are within the framework of regulatory guidance and are subject to the standard corporate approvals. While the formal disclosures accompanying the AGM spell out the terms, the announcements underscore Century Plyboards’ intent to maintain continuity in leadership as it charts its next growth chapter.
The announced leadership lineup brings a blend of administration, production, technical, and strategic governance. Rajesh Kumar Agarwal and Prem Kumar Bhajanka bring seasoned Board experience, with profiles underscoring long-standing contributions to management and operations. Sanjay Agarwal, a veteran on the board since early 1982, reinforces continuity at the helm as CEO and MD. Ajay Baldawa’s continued role as Executive Director (Technical) and Nikita Bansal’s continued stewardship as Executive Director are positioned to reinforce the company’s focus on technical excellence, digitization, and governance. Notably, Nikita Bansal is identified as the daughter of Sanjay Agarwal, illustrating the familial dimension occasionally observed in family-linked leadership transitions.
Together, the moves point to Century Plyboards’ strategy of stable leadership seeding as it navigates competitive markets, supply chain dynamics, and expansion opportunities across its product slate. The AGM-led reappointments signal a deliberate priorities alignment—balancing experienced governance with a modern, technically oriented executive team ready to steer the organization through its next growth phase.