Century Enka Ltd

⚡ Century Enka Acquires Additional Shares in ABREL Century Energy

- Acquired 3,796,086 equity shares in ABREL Century Energy Limited (ABRELCEL) on April 25, 2026, credited to Demat account.

- Investment made through a right issue at par value, totaling ₹3.79 crore (₹3,79,60,860).

- Maintains Century Enka's 26% shareholding in ABRELCEL, required for captive user qualification.

- ABRELCEL is a special purpose vehicle for wind-solar hybrid energy projects, incorporated on March 10, 2022.

- ABRELCEL reported a turnover of ₹19.49 crore as of March 31, 2025.

- Transaction is a related party deal conducted at arm's length, with no government approvals needed.

- Purpose is compliance with captive power project regulations, not expanding main business operations.