Century Extrusions Board Approves Draft Letter for Rights Issue

Century Extrusions Ltd's Board of Directors, in a meeting held on April 24, 2026, approved the Draft Letter of Offer (DLOF) for an upcoming Rights Issue. The DLOF outlines the issuance of new equity shares, each with a face value of ₹1, to eligible shareholders on a rights basis. While specific details such as the issue price, total aggregate amount, and rights ratio are yet to be finalized (indicated by placeholders), the payment schedule includes an initial application amount of ₹0.50 per share, with the remaining ₹0.50 to be collected through subsequent calls by December 31, 2026. The company also confirmed that neither it nor its promoters or directors are categorized as wilful defaulters or fraudulent borrowers.