Century Extrusions Limited board approved a rights issue of up to [●] equity shares at ₹[●] per share to raise ₹45 crore.
Net proceeds will repay ₹14 crore unsecured loans, fund ₹20 crore working capital for expansion, and cover general corporate purposes.
Promoters committed to fully subscribe to their entitlement and any unsubscribed portion, ensuring minimum subscription criteria exemption.
The issue features a unique payment structure with 50% due on application and 50% payable via up to two calls by December 31, 2026.