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Incorporated in 1988, Century Extrusions Ltd manufactures Aluminum Extruded Products, Power Transmission and Distribution Line Hardware
Century Extrusions' 38th Annual General Meeting is scheduled via VC/OAVM. The company is communicating AGM and Annual Report details, urging shareholders to update KYC, dematerialize physical shares, and register emails for electronic payments and future communications.
Century Extrusions will hold its 38th virtual AGM to review financial results for the last financial year. Book closure will precede the meeting, and e-voting is available for shareholders.
Century Extrusions announced a ₹450 Cr rights issue to repay ₹140 Cr unsecured loans and fund ₹200 Cr working capital for its Kharagpur plant's 9,000 MT capacity expansion. The company also signed an MoU for a new 30,000 MT Odisha unit, signaling significant growth plans.
Century Extrusions' board approved a Rights Issue of up to Rs. 45 Cr, with the Draft Letter of Offer now ready for regulatory filing. An Independent Director's resignation was also noted.
Century Extrusions confirmed routine compliance for the recent quarter regarding share dematerialization. This ensures proper processing of investor electronic shares, including acceptance, listing, and timely record updates with depositories.