CENI · Century Insurance Company Limited
Rights Issue Offering Documents-Draft
- Filed
- 16 September 2026 at 3:01 pm
- Category
- Actions
- Sentiment
- Good
- Impact
- High
AI executive summary
Century Insurance Company Limited has announced the draft offer document for its upcoming Rights Issue, proposing to issue 44,814,452 ordinary shares at Rs. 10.00 each to raise approximately Rs. 448.14 million. The proceeds are intended to strengthen the capital base, enhance working capital, comply with SECP capital requirements, and augment the investment portfolio.
Key takeaways
- Issuance of 44,814,452 new ordinary shares at Rs. 10.00 per share.
- Total funds to be raised amount to Rs. 448,144,520.
- Proportion of the issue is approximately 81% of existing paid-up capital.
- Aimed at meeting revised minimum capital requirements under SECP S.R.O 310(I)/2025.
- #rights issue
- #capital increase
- #secp compliance
- #insurance
- #ceni
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.