NSEAcquisition1d ago · 23 Jul 2026, 06:54 pm

Acquisition

Century Enka Limited · CENTENKA

✦ AI SummaryM&A

Century Enka Limited has acquired an additional 37,00,000 equity shares of ABREL Century Energy Limited, a Special Purpose Vehicle, through a right issue to maintain a minimum 26% shareholding in the power producer as per the Electricity Act, 2003.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Century Enka Limited has informed the Exchange about Acquisition of additional equity shares of ABREL Century Energy Limited.

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CENTURYENKA_23072026185415_Allotment_of_Equity_shares_signed.pdf

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Date: 23rd July 2026 Listing Department Listing Department BSE Limited The National Stock Exchange of India Ltd. 25th Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Fort Mumbai- 400001 Bandra (East), Mumbai - 400051 Scrip Code: 500280 Symbol: CENTENKA Sub: Intimation of acquisition of additional equity shares of ABREL Century Energy Limited Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 ('Listing Regulations') Dear Sir/Madam, Pursuant to provisions of Regulation 30 and other applicable regulations, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”), we would like to inform you that the Company has acquired an additional 37,00,000 equity shares of ABREL Century Energy Limited (‘ABRELCEL’), a Special Purpose Vehicle (‘SPV') by way of right issue. We further wish to inform that ABRELCEL has completed the requisite corporate action for credit of 37,00,000 equity shares to the Company’s Demat Account. As per Communication received from ABRELCEL and the said shares were credited to the Company’s Demat Account Today, 23rd July 2026. The said transaction is required to maintain minimum twenty-six percentage (26%) of the equity shares of the Power Producer to qualify as a Captive User of the Power Producer as per the provisions of the Electricity Act, 2003 read with Electricity Rules, 2005. The details of the above acquisition (as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026) are enclosed as Annexure -I. This is for your information and records. Yours faithfully, For Century Enka Limited Rahul Dubey VP-Legal & Company Secretary FCS 8145 Century Enka Ltd. Factory & Regd. Office: Plot No. 72 & 72-A, M.I.D.C., Bhosari, Pune - 411026. T: +91 20 66127 304 | F: +91 20 2712 0113 E: cel.investor@adityabirla.com | W: www.centuryenka.com Corporate ID No. (CIN): L24304PN1965PLC139075 Annexure-I S. Particulars Information a) Name of the target entity, details in brief such as ABRELCEL was incorporated on 10th March 2022 and the size, turnover etc.; current turnover is Rs.1,884.40 Lakhs (as on 31st March 2026) b) Whether the acquisition would fall within related Yes. party transaction(s) and whether the promoter/ The transaction is pursuant to Electricity Act, 2003 read promoter group/ group companies have any with Electricity Rules, 2005 to qualify the power plant as a interest in the entity being acquired? If yes, nature group captive power plant for the Consumer. The Shares of interest and details thereof and whether the are acquired by Century Enka Limited at par value and same is done at “arm’s length”; therefore the transactions is at arm’s length. c) Industry to which the entity being acquired Wind-Solar Hybrid Energy Projects belongs; (Power Generation, Distribution & Transmission industry). d) Objects and effects of acquisition (including but not The object of acquisition of shares is to comply with the limited to, disclosure of reasons for acquisition of minimum shareholding requirement of 26% under the target entity, if its business is outside the main line captive project rules. of business of the listed entity); e) Brief details of any governmental or regulatory Not applicable approvals required for the acquisition; f) Indicative time period for completion of the Shares have been credited to the Company’s Demat acquisition; account on 23rd July 2026 after other applicable compliances and corporate action by ABRELCEL. g) Nature of consideration - Cash consideration whether cash consideration or share swap and details of the same; h) Cost of acquisition or the price at which the shares Rs. 3,70,00,000/- (37,00,000 equity shares of face value are acquired; of Rs.10/- each of ABRELCEL acquired at par by the Company) i) Percentage of shareholding / control acquired and 26% (No change in percentage of shareholding of the / or number of shares acquired; Company in ABRELCEL as the said additional shares acquired pursuant to Right Issue) j) Brief background about the entity acquired in ABRELCEL was incorporated on 10th March 2022 as a SPV terms of products/line of business acquired, date of for the purpose of setting up of captive power projects i.e., incorporation, history of last 3 years turnover, electric power generation through wind & solar. country in which the acquired entity has presence Year wise Revenue (audited): and any other significant information (in brief); • FY 23-24: Rs. 1,349.44 Lakhs • FY 24-25: Rs. 1,949.10 Lakhs • FY 25-26: Rs. 1,884.40 Lakhs Century Enka Ltd. Factory & Regd. Office: Plot No. 72 & 72-A, M.I.D.C., Bhosari, Pune - 411026. T: +91 20 66127 304 | F: +91 20 2712 0113 E: cel.investor@adityabirla.com | W: www.centuryenka.com Corporate ID No. (CIN): L24304PN1965PLC139075