Century Extrusions Board Approves Draft Letter for Rights Issue

Century Extrusions Ltd's Board of Directors approved the Draft Letter of Offer for a Rights Issue on April 24, 2026. The issue involves offering equity shares of face value ₹1 each for cash to eligible shareholders on a rights basis. The payment schedule includes an application amount of ₹0.5 per share, with subsequent calls to be completed by December 31, 2026. The specific issue price, premium, total aggregate amount, and rights ratio are yet to be finalized and will be detailed in the "Terms of the Issue" section. The company confirms that neither it nor its promoters or directors are categorized as wilful defaulters or fraudulent borrowers. Investors are advised to review the risk factors carefully before making an investment decision.