Century Enka Limited has successfully completed the acquisition of additional equity shares in its Special Purpose Vehicle (SPV), ABREL Century Energy Limited (ABRELCEL). This transaction, finalized on April 25, 2026, involved the credit of 37,96,086 equity shares to the company’s demat account following a rights issue. The move is a strategic regulatory step to ensure the company maintains its status as a captive power user.

ABRELCEL, incorporated in March 2022, operates within the wind-solar hybrid energy sector. As of March 31, 2025, the entity reported a turnover of ₹19.49 Crores (Rs. 1,949.10 Lakhs). Century Enka invested ₹3.79 Crores to acquire these shares at a par value of ₹10 each. This acquisition ensures Century Enka retains a 26% shareholding in the SPV, which is the minimum requirement under the Electricity Rules, 2005, to qualify for group captive power benefits.

Century Enka Limited, a part of the Aditya Birla Group, is a primary manufacturer of high-quality nylon filament yarn and tire cord fabric. Throughout 2025, the company focused on enhancing operational efficiencies and expanding its sustainable energy footprint to mitigate rising power costs. In recent updates, the company has been actively upgrading its manufacturing facilities in Pune and Bharuch to meet the evolving demands of the textile and automotive industries. No major new third-party orders were reported in the 2025 period beyond their standard industrial supply contracts.

In the most recently reported financial data for 2025, Century Enka demonstrated resilience amidst fluctuating raw material costs. For the quarter ending December 2025, the company reported a revenue of approximately ₹385 Crores, showing a steady year-over-year growth compared to 2024. Net profit for the same period stood at ₹15.2 Crores, reflecting improved margins due to better product mix and cost-saving initiatives. The company’s shareholding pattern includes prominent institutional involvement, with Mutual Funds and Insurance Companies maintaining a significant stake, alongside a notable presence of the Aditya Birla Group promoters.