Century Insurance reports receipt of Rs. 346.03 million for its rights issue
Rights / BonusCentury Insurance Company Limited notified PSX that directors and substantial shareholders subscribed Rs. 346,027,990 for 34,602,799 rights shares at Rs. 10 per share, representing 77.21% of the total rights issue. BDO Ebrahim & Co. certified receipt of the subscription money.
Key Findings
- The company received Rs. 346,027,990 for 34,602,799 rights shares at Rs. 10 per share.
- Subscriptions by directors and substantial shareholders represented 77.21% of the total rights issue.
- The board authorized a rights issue of Rs. 448,144,520 at its meeting on September 11, 2026.
- BDO Ebrahim & Co. issued a certificate verifying receipt of the subscription money.
Corporate Action Details
Action
Rights issue; subscription money received from directors and substantial shareholders
Percentage
77.21%
Issue price
PKR 10 / share
⚡
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
