Century Plyboards (India) Limited has accepted the resignation of Ratan Rajkhowa as Senior President and Head of Productivity & Administration, effective July 31, 2026. The departure marks the end of a nearly 33-year tenure for Rajkhowa, who cited personal reasons for leaving the organization to embrace a new phase of life. The company confirmed there are no other material reasons associated with the exit.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. In a letter dated August 1, 2026, addressed to the BSE and National Stock Exchange of India Ltd., the company stated that Rajkhowa’s last working day was July 31, 2026. Sundeeep Jhunjhunwala, Company Secretary, signed the communication.

Rajkhowa, identified as a Senior Management Personnel (SMP), informed the board that he was moving on due to personal reasons. The filing explicitly noted that there is no other material reason for the resignation other than those mentioned. A copy of his resignation letter was enclosed with the regulatory submission.

In an internal email sent on July 30, 2026, Rajkhowa thanked colleagues and leadership for their support over his three-decade-plus career. He expressed gratitude to the Chairman for guidance and to colleagues for collaboration during challenging times. He described Century Plyboards as his "second home" and wished the organization continued growth and success.

Key Details of Resignation

The company also referenced SEBI Circular No SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, read with the SEBI Master Circular dated July 11, 2023 (last updated on January 30, 2026), in providing additional details in the annexure to the letter. No brief profile or disclosure of relationships between directors was required for this resignation filing.

Century Plyboards reported a notable improvement across key financial metrics in its Q1 consolidated results, with net profit, revenue, and operating profitability all rising on a year-on-year basis. The results reflect broad-based growth in the company's financial performance compared to the corresponding quarter of the previous year.

Q1 Consolidated Financial Performance

The company's consolidated net profit for Q1 stood at 803M rupees, compared to 518M rupees in the same quarter last year, marking a significant year-on-year increase. Revenue for the quarter came in at 15.6B rupees, up from 12B rupees recorded in the corresponding period of the previous year.

The following table summarises the key financial metrics for the quarter on a year-on-year basis:

Operating Profitability

On the operating front, Century Plyboards' EBITDA for Q1 rose to 1.98B rupees from 1.28B rupees in the year-ago period, reflecting improved operational efficiency. The EBITDA margin expanded to 12.67% from 11% on a year-on-year basis, indicating better cost management relative to revenue growth. The margin improvement alongside higher absolute EBITDA underscores a strengthening operating profile for the quarter.