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CENI · Century Insurance Company Limited

Submission of Final Offer Documents of Right Issue

Filed
7 October 2026 at 3:21 pm
Category
Actions
Sentiment
Good
Impact
High

AI executive summary

Century Insurance Company Limited has submitted its final offer documents for a right issue of 44,814,452 ordinary shares at par value of PKR 10.00 each, raising approximately PKR 448.14 million to meet SECP minimum paid-up capital requirements. The book closure is scheduled for October 13, 2026, with the subscription period running from October 15, 2026, to November 5, 2026.

Key takeaways

  • Issuance of 44,814,452 right shares at PKR 10.00 each, aggregating to PKR 448,144,520.
  • Aims to meet the revised SECP minimum paid-up capital requirement of PKR 1,000 million by December 31, 2026.
  • Book closure date set for October 13, 2026, with subscription payment dates from October 15 to November 5, 2026.
  • #right issue
  • #capital increase
  • #regulatory compliance
  • #insurance

This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.