Novopan Industries Ltd has informed that the Board of Directors of the Company at its meeting held on February 25, 2008, has taken the following decisions:
1. Appointed Sri. T Rakesh Reddy as an Executive Director of the Company for a period of 5 years w.e.f. February 25, 2008.
2. Approved the setting up of Pre-lamination Plant near Chennai having a Pre-lamination capacity of around 26 lacs sq. mtrs of Plain Particle / MDF Boards per annum.
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