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Century Insurance Company Limited: Auditors Certificate Confirming Deposit of Subscription Amount for Right Shares by Directors and Substantial Shareholders

DividendPOSITIVE

Century Insurance Company Limited has confirmed the successful subscription of Rights Shares by its Directors and Substantial Shareholders, as verified by the auditors.

  • An amount of PKR 346,027,990 has been fully subscribed for 34,602,799 Rights Shares at PKR 10 per share.
  • This constitutes 77.21% of the total Rights Issue amounting to PKR 448,144,520.
  • The subscription was authorized by the Board of Directors on September 11, 2026.
  • The auditors' certificate confirms receipt of the subscription money, which is in compliance with the Companies Act, 2017.
  • This announcement reflects a positive development for the company as it secures necessary capital through the Rights Issue.

About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange, per our editorial policy and data methodology. A summary for information, not investment advice — the original filing is the authoritative record.

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