Corporate News
Centum Electronics Limited informed the National Stock Exchange of India Limited and BSE Limited that it has submitted a statement of deviation or variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, concerning the utilization of proceeds from a Qualified Institutional Placement (“QIP”) of Rs 2,100 million raised on March 13, 2025. The statement, reviewed by the Audit Committee and approved by the Board on November 3 and 4, 2026, detailed that Rs 1,149.92 million was used for the repayment/pre-payment of outstanding borrowings, Rs 336.28 million for capital expenditure, and Rs 0 million for general corporate purposes, with Crisil Ratings Limited serving as the monitoring agency.