Century Extrusions Rights issue approved

Century Extrusions Rights issue has been approved by the board members today and in the statement issued today says “The Rights Equity Issue will be be for 3 cr 30 lakh equity equity shares of face value of Re 1/- each at a price of Rs 4/- per equity share (including a premium of Rs 3 per equity share) in the ratio of 33:47 (33 new shares for every 47 shares held). Century Extrusions Rights issue record date is not yet fixed and will be announced later.