Centum Electronics Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting

Centum Electronics Limited has announced a board meeting outcome, approving the unaudited financial results for the quarter and half-year ended September 30, 2024. Key highlights include revenue from operations amounting to ₹2,512.41 crore, with a net profit of ₹0.01 crore. The Board also reappointed Ms. V Kavitha Dutt as a Non-Executive Independent Director for a five-year term starting March 25, 2025, and Mr. Nikhil Mallavarapu as Whole Time Director for five years beginning February 13, 2025. Additionally, the Board approved fundraising of up to ₹250 crore through various equity instruments.