Century Extrusions Announces Rights Issue of ₹450 Cr

Century Extrusions Limited has announced a Rights Issue of up to 3,00,00,000 partly paid-up equity shares of face value ₹1 each, at a premium of ₹14 per share, for a total aggregate amount not exceeding ₹4500 Lakhs (₹450 Crores). The issue is on a rights basis to eligible shareholders in the ratio of 3 shares for every 8 shares held as of the record date, September 15, 2026. The payment is structured with ₹7.5 per share on application and the remaining ₹7.5 per share to be called in not more than two subsequent calls, to be completed by January 31, 2027. The company and its promoters have confirmed they are not categorized as wilful defaulters.