Century Enka Limited — JV/Acquisition, 23-07-2026: Acquisition

Century Enka Ltd. has acquired 3.7 million additional shares in ABREL Century Energy Ltd (ABRELCEL), a wind-solar hybrid energy SPV, for ₹3.70 Cr. This strategic move maintains Century Enka's 26% ownership, ensuring it continues to qualify as a captive power user. This secures reliable and cost-effective energy for Century Enka's operations. ABRELCEL, focused on renewable power generation, reported a turnover of ₹18.84 Cr last fiscal year. This acquisition underscores Century Enka's commitment to operational efficiency and sustainable energy sourcing.