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Century Plyboards (I) has reduced stake in its Singapore subsidiary. In a disclosure to the stock exchanges, the company said that its holding in Century Ply (Singapore) Pte Ltd has been reduced to 83.73 per cent from 97.26 per cent consequent to the allotment of shares by it to another entity. It, however, did not disclose further details. Shares of Century Plyboards slipped 1.67 per cent at ₹227.35 on the BSE.
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