Century Extrusions appoints Charan Singh as Independent Director

Century Extrusions Ltd has strengthened its governance structure by appointing Shri Charan Singh as an Additional Non-Executive Independent Director effective June 23, 2026. The appointment, approved by the Board of Directors, is for a tenure of five years and remains subject to the approval of the company's shareholders. This strategic move aims to leverage Singh's extensive experience in the banking and financial sectors to enhance board oversight.

The Board meeting, which commenced at 11:00 A.M. and concluded at 12:40 P.M. on June 23, 2026, also saw the reconstitution of the Nomination & Remuneration Committee. The committee now includes Smt. Dhvani Fatehpuria as Chairperson, Shri Bishwanath Choudhary, and the newly appointed Shri Charan Singh. These changes are effective immediately and align with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shri Charan Singh brings a wealth of experience, having served in the banking industry from 1983 to 2020. His career includes high-profile roles such as Executive Director of UCO Bank for five years and General Manager at Bank of India for three years. Additionally, he served as a Member (Technical) at the National Company Law Tribunal (NCLT) for approximately three years from 2022 to 2025.

Director Profile

Particulars	Details
Name	Charan Singh (DIN - 09238002)
Date of Birth	01/07/1960
Qualification	M.Sc. – Rural Banking & Agri. Eco.
Experience	Executive Director, UCO Bank; General Manager, Bank of India; Member (Technical), NCLT
Shareholding	NIL

The company has issued a revised notice for the 38th Annual General Meeting scheduled for August 14, 2026, to incorporate this appointment. The management affirmed that the appointee is not debarred from holding the directorship by any SEBI order or other regulatory authority. Singh holds no shares in the company and is not related to any other directors on the board.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.98%	-0.52%	-0.62%	-20.23%	-14.09%	+96.80%

Century Extrusions reported a net profit of ₹1,057 lakh for the financial year ended March 31, 2026, representing an increase from ₹994 lakh in the previous year. Revenue from operations for the period rose to ₹47,856 lakh, compared to ₹43,125 lakh in FY25. The company’s total assets stood at ₹18,746 lakh as of March 31, 2026, while total equity was recorded at ₹8,290 lakh.

Financial Performance

The company recorded a profit before exceptional items of ₹1,590 lakh for FY26. Exceptional items for the year amounted to ₹79 lakh, primarily due to a one-time material increase in the provision for employee benefits following the implementation of new labour codes. The Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 25, 2026.

Key Financial Metrics (FY26)

Metric	Amount (₹ in Lacs)
Revenue from Operations	47,856
Total Income	47,930
Total Expenses	46,340
Profit Before Tax	1,511
Net Profit	1,057
Basic EPS	1.37

Governance and Appointments

The Board approved the re-appointment of Shri. Deepankar Bose and Shri. Bishwanath Choudhary as Non-Executive Independent Directors for a second term of five years commencing from January 11, 2027, subject to shareholder approval. Additionally, M/s S.P. Sarda & Co., Chartered Accountants, was appointed as the Internal Auditor for FY27.

Auditor Declaration

M/s. ALPS & Co., Chartered Accountants, the Statutory Auditors, issued an audit report with an unmodified opinion on the standalone financial results. The company noted that the adoption of Ind AS 115 resulted in an increase in profit of ₹21.79 lakhs for the year ended March 31, 2026. The 38th Annual General Meeting is scheduled to be held on August 14, 2026.