Century Enka acquired 37.96 lakh additional equity shares in its SPV ABRELCEL via a right issue to maintain 26% captive power qualification.
The transaction valued at ₹3.80 crore was executed at par value and completed on April 25, 2026.
This investment ensures compliance with Electricity Act requirements for captive power user status.
The SPV operates in wind-solar hybrid energy generation for captive consumption by the group.