Century Insurance reports 95.65% subscription of its rights issue
DividendCentury Insurance Company Limited reported receipt of PKR 428,666,070 in subscriptions against a rights issue of PKR 448,144,520, as of November 5, 2026. The unsubscribed portion is PKR 19,478,450, or 4.35%, and will be offered and allotted by the Board in accordance with Section 83(1)(a)(iv) of the Companies Act, 2017.
Key Findings
- The total rights issue was PKR 448,144,520, comprising 44,814,452 shares of PKR 10 each at par.
- Subscriptions received amounted to PKR 428,666,070, representing 95.65% of the issue.
- The unsubscribed portion is PKR 19,478,450, or 4.35%; the Board will decide its allotment in accordance with the Companies Act, 2017.
Corporate Action Details
Action
Rights shares subscription status; Board to determine allotment of unsubscribed portion
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
