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.