Centum Electronics Limited — Others, 12-11-2024: Change in Director(s)

Centum Electronics Limited has announced a board meeting during which it approved the unaudited financial results for the quarter ending September 30, 2024. Key highlights include total income of ₹1,678.48 crore, and a profit before tax of ₹128.84 crore. The board also approved the re-appointment of Ms. V Kavitha Dutt as a Non-Executive Independent Director and Mr. Nikhil Mallavarapu as Whole Time Director. Additionally, the company plans to raise up to ₹250 crore through equity shares and related instruments, which signals potential growth opportunities. This move could positively influence investor sentiment as it indicates a focus on expansion.