Century Plyboards (India) Ltd has informed BSE

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Century Plyboards (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 21, 2010, inter alia, discussed the proposal relating to de-merger of different business segments of the company into three separate legal entities - the present company retaining plywood, laminate & logistic segments, one consisting of Ferro Alloy, Power and Investment in Power subsidiaries, and another consisting of investment in a subsidiary engaged in cement business. Mr. Sajjan Bhajanka, Managing Director of the company was asked to examine proposal from all legal and regulatory aspects and place a draft de-merger scheme at next Board Meeting for consideration.

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