Century extrusions Limited has announced the reconstitution of its board committees through a circular resolution passed on April 06, 2026. The restructuring was undertaken in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013.

Committee Restructuring Details

The board approved the reconstitution of four key committees with new compositions and leadership structures. This governance initiative ensures continued regulatory compliance and effective oversight of corporate operations.

Regulatory Compliance Framework

The reconstitution was executed pursuant to the provisions of the Companies Act, 2013, read with applicable rules and SEBI Listing Regulations. The company emphasized compliance with all applicable laws, rules, and regulations, including statutory modifications and re-enactments currently in force.

Leadership Appointments

Shri Bishwanath Chaudhary assumes dual leadership roles, chairing both the Audit Committee and Stakeholders Relationship Committee. Shri Sanjeev Kishore leads the Nomination & Remuneration Committee, while Shri Rajib Mazumdar heads the Corporate Social Responsibility Committee.

Corporate Governance Enhancement

The committee restructuring represents Century Extrusions' commitment to maintaining robust corporate governance standards. Each committee comprises experienced professionals positioned to provide effective oversight in their respective domains, from financial auditing to stakeholder relations and social responsibility initiatives.

The resolution was digitally signed by Company Secretary & Compliance Officer Rajan Singh, with formal notifications sent to both BSE Limited and National Stock Exchange of India Limited as required under regulatory frameworks.

Century Extrusions Limited delivered a robust financial performance in Q3FY26, with the board meeting held on February 11, 2026, approving both the quarterly results and a significant fundraising initiative. The Kolkata-based aluminum extrusion company demonstrated consistent growth momentum across key financial metrics.

Financial Performance Highlights

The company's Q3FY26 results showcased strong operational performance with notable improvements across revenue and profitability parameters.

The sequential quarterly performance also remained positive, with revenue growing from Rs. 10,966 lacs in Q2FY26 to Rs. 12,253 lacs in Q3FY26, representing an 11.73% quarter-on-quarter increase.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Century Extrusions maintained its growth trajectory with consistent improvements in operational metrics.

Rights Issue Approval

The board approved raising funds through issuance and allotment of equity shares for an aggregate amount up to Rs. 45 crores via rights issue to existing shareholders. The equity shares carry a face value of Rs. 1 each, and the issue will be conducted in accordance with applicable laws including SEBI regulations.

Rights Issue Committee Formation

A dedicated Rights Issue Committee has been constituted with the following members:

The committee will determine crucial aspects including rights issue price, entitlement ratio, record date, timing, and payment terms in compliance with the Companies Act, 2013 and SEBI regulations.

Operational Cost Structure

The company's expense management remained disciplined during Q3FY26. Cost of materials consumed stood at Rs. 9,448 lacs compared to Rs. 8,784 lacs in Q3FY25. Employee benefits expense increased to Rs. 527 lacs from Rs. 374 lacs, while finance costs rose to Rs. 350 lacs from Rs. 257 lacs year-on-year.

Regulatory Compliance and Auditor Review

The financial results were reviewed by ALPS & CO, Chartered Accountants, who issued a limited review report. The auditors noted that incremental employee costs pursuant to Labour Codes notified on November 21, 2025, remain under determination and have not been recognized in the current financial statements. The results comply with Regulation 30 and 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.