Century Enka Publishes Saksham Niveshak Campaign Advertisement in Business Standard

2 min read     Updated on 25 Apr 2026, 11:25 PM
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Radhika SScanX News Team
AI Summary

Century Enka Limited published a newspaper advertisement in Business Standard on April 24, 2026, regarding the second 100-day Saksham Niveshak campaign launched by IEPFA from April 1 to July 9, 2026. The campaign aims to help shareholders update KYC details and claim unpaid dividends to prevent their transfer to the Investor Education and Protection Fund.

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Century Enka Limited has published a newspaper advertisement regarding the second 100-day "Saksham Niveshak" campaign in Business Standard (all editions) on April 24, 2026. The company filed the advertisement details with stock exchanges under Regulation 30 compliance, confirming the campaign's schedule from April 1 to July 9, 2026.

Regulatory Filing and Publication Details

The company submitted the advertisement copy to both NSE and BSE on April 24, 2026, through a formal communication signed by VP-Legal & Company Secretary Rahul Dubey. The filing reference ID Legal & Sec/2026-27/NSE & BSE - Filing/002 was assigned to this regulatory submission.

Filing Details: Information
Publication Date: April 24, 2026
Newspaper: Business Standard (all editions)
Filing Reference: Legal & Sec/2026-27/NSE & BSE - Filing/002
Authorized Signatory: Rahul Dubey, VP-Legal & Company Secretary

Campaign Objectives and Timeline

The Saksham Niveshak campaign, re-launched by the Investor Education and Protection Fund Authority (IEPFA), focuses on preventing the transfer of unpaid and unclaimed dividends to the Investor Education and Protection Fund. The initiative aims to facilitate shareholder engagement for updating KYC details and claiming outstanding dividends.

Campaign Parameters: Details
Campaign Period: April 1, 2026 to July 9, 2026
Duration: 100 days
Authority: Investor Education and Protection Fund Authority (IEPFA)
Target: KYC updates and dividend claims

KYC Documentation Requirements

Shareholders with unpaid or unclaimed dividends, or those whose KYC details require updating, must submit necessary documentation. The KYC details include PAN, nomination details, postal address, mobile number, email, bank account details, and specimen signature.

Holding Type: Required Documents
Physical Form: Form ISR-1 with self-attested KYC documents / Form ISR-2 with banker's attestation and cancelled cheque / Form SH-13 for nomination / Form ISR-3 to opt out of nomination
Demat Form: Update KYC details with Depository Participant

Submission Process and Contact Information

Dividend payments are processed exclusively through electronic mode via direct credit to shareholders' bank accounts. Physical KYC documents can be submitted to the Registrar and Transfer Agent, MUFG Intime India Private Limited, located at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400083.

Digital Submission Options

Shareholders can submit digitally signed documents through registered email addresses to investor.helpdesk@in.mpms.mufg.com or cel.investor@adityabirla.com . Online requests can also be submitted via the RTA SWAYAM portal at https://web.in.mpms.mufg.com/helpdesk/service_request.html for convenient processing.

Historical Stock Returns for Century Enka

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%-3.51%+8.15%-8.54%-19.92%+64.88%

What impact will the digitization of dividend payment processes have on Century Enka's shareholder engagement and administrative costs?

How might the success rate of this second Saksham Niveshak campaign compare to the first, and what improvements has IEPFA implemented?

Will Century Enka consider implementing automated KYC update reminders or digital-first processes to reduce future unclaimed dividends?

Century Enka Limited Completes Acquisition of Additional Equity Shares in ABREL Century Energy Limited

2 min read     Updated on 25 Apr 2026, 02:34 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Century Enka Limited completed the acquisition of 37,96,086 additional equity shares in ABREL Century Energy Limited on April 25, 2026, for Rs. 3,79,60,860. The transaction maintains the company's 26% shareholding in the Special Purpose Vehicle, ensuring compliance with Electricity Act provisions for captive power plant operations. ABRELCEL operates in wind-solar hybrid energy projects and reported Rs. 1,949.10 lakhs turnover as of March 31, 2025.

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Century Enka Limited has completed the acquisition of additional equity shares in ABREL Century Energy Limited (ABRELCEL), a Special Purpose Vehicle, on April 25, 2026. The transaction involved acquiring 37,96,086 equity shares at par value to maintain regulatory compliance for captive power operations.

Transaction Details

The acquisition was executed through a rights issue process, with the shares being credited to Century Enka's Demat account on April 25, 2026. The company had previously intimated the stock exchanges about its intention to participate in this rights issue on March 27, 2026.

Parameter: Details
Number of Shares Acquired: 37,96,086 equity shares
Face Value per Share: Rs. 10
Total Acquisition Cost: Rs. 3,79,60,860
Shareholding Percentage: 26% (maintained)
Transaction Date: April 25, 2026

Regulatory Compliance Objective

The acquisition serves a specific regulatory purpose under the Electricity Act, 2003, read with Electricity Rules, 2005. Century Enka is required to maintain a minimum 26% equity shareholding in the power producer to qualify as a captive user of the power plant. This compliance ensures the company can continue benefiting from captive power arrangements.

The transaction is classified as a related party transaction, conducted at arm's length since the shares were acquired at par value. This structure aligns with regulatory requirements while maintaining transparency in corporate governance.

About ABREL Century Energy Limited

ABRELCEL operates as a Special Purpose Vehicle in the wind-solar hybrid energy sector, focusing on power generation, distribution, and transmission. The company was incorporated on March 10, 2022, specifically for setting up captive power projects through wind and solar energy generation.

Company Details: Information
Incorporation Date: March 10, 2022
Business Sector: Wind-Solar Hybrid Energy Projects
Current Turnover: Rs. 1,949.10 lakhs (as of March 31, 2025)
Primary Purpose: Captive power project development

Strategic Implications

This acquisition reinforces Century Enka's commitment to maintaining compliance with captive power regulations while supporting its energy requirements through renewable sources. The transaction was completed through cash consideration, demonstrating the company's financial capability to meet regulatory obligations.

The rights issue structure ensured that Century Enka's percentage shareholding in ABRELCEL remained unchanged at 26%, while increasing the absolute number of shares held. This approach maintains the required minimum shareholding threshold for captive user qualification under electricity regulations.

Historical Stock Returns for Century Enka

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%-3.51%+8.15%-8.54%-19.92%+64.88%

Will Century Enka expand its renewable energy portfolio by acquiring stakes in additional wind-solar hybrid projects beyond ABRELCEL?

How might changes to India's captive power regulations under the Electricity Act impact Century Enka's minimum shareholding requirements in future years?

Could ABRELCEL's growing turnover of Rs. 1,949.10 lakhs signal potential for dividend distributions to Century Enka in the coming quarters?

More News on Century Enka

1 Year Returns:-19.92%