Rajiv Daga Returns as CEO: Can Archidply’s Growth Architect Build the Future Again?

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Archidply Industries Ltd has officially re-appointed Rajiv Daga as Chief Executive Officer, reaffirming its commitment to stable leadership and strategic continuity. The move, announced following a recent board meeting, comes as the company seeks to build on its legacy as a leading manufacturer of plywood, laminates, and allied interior solutions in India.

Key Highlights:

Leadership Continuity: Rajiv Daga, who has served in various leadership roles—including Joint Managing Director, Managing Director, and CEO—returns to the helm, bringing over two decades of experience in the wood-based products sector. His re-appointment reflects the board’s confidence in his vision and operational expertise.

Track Record of Growth: Under Daga’s stewardship, Archidply has expanded its manufacturing footprint, optimized production facilities, and introduced technological advancements such as SAP implementation. He played a pivotal role in doubling the capacity of the Uttaranchal facility and achieving full utilization, positioning Archidply as a market leader.

Strategic Focus: The company continues to diversify its product portfolio, including plywood, doors, densified boards, laminates, and MDF, serving both domestic and international markets. Daga’s leadership is expected to drive further innovation and market expansion.

Corporate Governance: The re-appointment aligns with Archidply’s governance practices, as Daga was eligible and offered himself for re-appointment at the company’s Annual General Meeting, underscoring transparency and stakeholder engagement.

With Rajiv Daga at the helm, Archidply Industries is poised to leverage its strengths and pursue new growth opportunities in the dynamic building materials sector.

Sources: Marketscreener, BlinkX, Archidply Industries Ltd Annual Report