Century Extrusions ₹45 Crore Rights Issue Revised Offer

Revision Details

The revision corrects two types of errors in the original Letter of Offer:

1. Page Numbering Corrections

Cover page reference changed from "page 78 93" to "page 78 92" for Payment Schedule details
Page 4 reference changed from "page 78 92" to correct pagination
Page 53 reference changed from "page 78 92" to correct pagination
Page 84 reference for ASBA process changed from "page 84 82" to correct pagination
Page 85 reference for ASBA process changed from "page 84 82" to correct pagination

2. Fractional Entitlement Correction

Original wording: "Eligible Equity Shareholders holding less than 8 (Eight) Equity Shares as on Record Date shall have 'zero' entitlement"

Corrected wording: "Eligible Equity Shareholders holding less than 3 (Three) Equity Shares as on Record Date shall have 'zero' entitlement"

All other terms remain unchanged from the original Letter of Offer.

Rights Issue Parameters

Issue Size: Up to 3,00,00,000 partly paid-up equity shares of face value ₹1 each

Issue Price: ₹15 per share (including premium of ₹14 per share)

Total Amount: ₹45 crore (assuming full subscription)

Record Date: Tuesday, September 15, 2026

Ratio: 3 rights equity shares for every 8 fully paid-up equity shares held

Payment Schedule

| On Application | 0.50 | 7.0 | 7.5 |

| Subsequent Calls (max 2) | 0.50 | 7.0 | 7.5 |

| Total | 1.00 | 14.00 | 15.00 |

Calls to be completed on or before January 31, 2027, as decided by the Board.

Issue Schedule

Last Date for Credit of Rights Entitlements: September 17, 2026
Issue Opening Date: September 23, 2026
Last Date for On-Market Renunciation: October 08, 2026
Issue Closing Date: October 14, 2026
Finalization of Basis of Allotment: October 15, 2026 (on or about)
Date of Allotment: October 15, 2026 (on or about)
Date of Credit of Shares: October 16, 2026 (on or about)
Date of Listing: October 19, 2026 (on or about)

The Board may extend the issue period up to 30 days from the opening date.

Financial Information

Financial Summary (Audited)

| Revenue from Operations | 47,856 | 43,125 | 37,510 |

| EBITDA | 3,249 | 2,661 | 2,328 |

| Profit After Tax | 1,097 | 994 | 745 |

| Equity Share Capital | 800 | 800 | 800 |

| Reserves and Surplus | 7,490 | 7,497 | 6,505 |

| Net Worth | 8,290 | 8,297 | 7,305 |

Basic EPS: ₹1.37 (FY2026), ₹1.24 (FY2025), ₹0.93 (FY2024)

Net Asset Value per share: ₹10.36 (FY2026), ₹10.37 (FY2025), ₹9.13 (FY2024)

Utilization of Proceeds

| Purpose | Amount (₹ lakhs) |

| Repayment of Unsecured Loans | 1,400 |

| Working Capital for Brownfield Expansion | 2,000 |

| General Corporate Purposes | 990 |

| Total Net Proceeds | 4,390 |

General corporate purposes limited to 25% of gross proceeds as per SEBI ICDR Regulations.

Corporate Details

Corporate Office: A-23, Main Mathura Rd., Mohan Cooperative Industrial Est., JDKD Corporate Park, New Delhi-110044

Manufacturing Facility: WBIIDC Industrial Growth Centre, Kharagpur, West Bengal (7.31 acres)

Production Capacity: 15,000 MTPA with three extrusion presses (1250 MT, 1620 MT, 2700 MT)

Promoters

Vikram Jhunjhunwala
Sita Devi Jhunjhunwala
Shivanshu Jhunjhunwala
Madhab Prasad Jhunjhunwala (HUF)
Moulshree Jhunjhunwala

Promoters have committed to fully subscribe to their entitlements and may subscribe to unsubscribed portions, providing exemption from minimum subscription requirements under Regulation 86(1) of SEBI ICDR Regulations.

Regulatory Approvals

In-principle approval from BSE: August 05, 2026 (LOD/RIGHT/KS/FIP/622/2026-27)
In-principle approval from NSE: August 05, 2026 (NSE/LIST/54905)
Designated Stock Exchange: BSE Limited
SEBI Registration: Filed for information purposes

Service Providers

Registrar to Issue: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)

Banker to Issue: ICICI Bank Limited

Monitoring Agency: Brickwork Ratings India Private Limited

Statutory Auditors: M/s. Alps & Co., Chartered Accountants

Risk Factors

Document discloses 56 risk factors including:

Promoter association with NPA company (Century Aluminum Manufacturing Company Limited)
Pending litigation and tax demands totaling ₹784 lakhs
High working capital requirements
Raw material price volatility
Customer concentration risk (top 10 customers contribute 38.33% of revenue)
Unsecured loans of ₹1,400 lakhs recallable on demand

Contingent Liabilities (as of March 31, 2026)

Guarantees/Letter of Credits: ₹1,614 lakhs
Bills Discounted with Banks: ₹2,119 lakhs
Employees State Insurance Demand: ₹3 lakhs
West Bengal Entry Tax: ₹646 lakhs
Income Tax: ₹82 lakhs
Goods and Service Tax: ₹53 lakhs

Compliance Status

Company confirms:

Not classified as wilful defaulter or fraudulent borrower
Equity shares not suspended from trading in last three years
In compliance with SEBI Listing Regulations for last three years
No outstanding fines/penalties