Century Extrusions Ltd has extended the closing date of its ongoing rights issue by seven days to October 21, 2026. The decision was taken by the Right Issue Committee of the Board of Directors at a meeting held on October 7, 2026.

The extension moves the finalisation of the basis of allotment and the date of allotment from October 15, 2026 to October 22, 2026. Consequently, the credit of shares and listing dates have also been pushed forward. The company clarified that there will be no change in the terms and conditions of the Letter of Offer or the Application Form other than the revised timeline.

Revised schedule for rights issue

The following table outlines the original versus extended dates for key activities associated with the rights issue:

Trading period remains unchanged

Despite the extension of the issue closing date, the company stated that there shall be no extension of the trading period for Rights Entitlements. The on-market renunciation date remains fixed at October 8, 2026. This implies that while investors can apply for new shares until October 21, those who wish to sell their entitlements must do so by the earlier deadline.

The meeting of the Right Issue Committee commenced at 4:00 pm and concluded at 4:30 pm. The company will publish an advertisement in newspapers and submit a copy to the stock exchanges regarding this development.

Century Extrusions has opened its proposed ₹4,500 crore rights issue to eligible equity shareholders. The company published its issue opening advertisement on September 19, 2026, confirming the launch date of September 23, 2026.

The filing follows the completion of document dispatches on September 17, 2026. The Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited, sent offer materials to 52,901 eligible shareholders as of the record date of September 15, 2026.

Dispatch and Advertisement Details

The company notified stock exchanges that all documents were sent to eligible shareholders. Of the total, 48,018 documents were dispatched via email and 4,883 via speed post, complying with SEBI circulars dated May 6, 2020, and July 24, 2020.

The issue opening advertisement was published in Financial Express (English), Jansatta (Hindi), and Duranta Barta (Bengali) on September 19, 2026.

Issue Structure

Shares are offered in the ratio of 3 Rights Equity Shares for every 8 Equity Shares held on the record date. Each share has a face value of ₹1 and a premium of ₹14, totaling an issue price of ₹15 per share. Investors must pay ₹7.5 per share on application, with the balance payable in subsequent calls by January 31, 2027.

Timeline and Payment Schedule

The issue closes on October 14, 2026, with listing expected on October 19, 2026. The last date for on-market renunciation is October 8, 2026. Rights entitlements are credited to demat accounts under ISIN INE281A20018 and remain frozen until the issue opening date.

Use of Proceeds

Net proceeds of approximately ₹4,390 crore will fund working capital requirements for brownfield expansion (₹2,000 crore), repay unsecured loans (₹1,400 crore), and serve general corporate purposes (₹990 crore).

Promoter Subscription

Promoters have confirmed full subscription to their entitlements. They may also subscribe to renounced or unsubscribed shares, subject to minimum public shareholding norms. Consequently, minimum subscription criteria under Regulation 86(1) of the SEBI ICDR Regulations do not apply.