Centum Electronics Limited — Others, 22-05-2025: Change in Director(s)

Centum Electronics has approved the audited financial results for the quarter and year ended March 31, 2025, with auditors giving a clean report. The Board proposed a final dividend of Rs.6 per equity share, pending shareholder approval. Leadership changes include appointing Dr. Udayant Malhoutra as Additional Independent Director for five years, reappointing Apparao V Mallavarapu as Chairman and Managing Director for five years, redesignating Nikhil Mallavarapu as Joint Managing Director, and naming Sundararajan Parthasarathy as CFO from September 1, 2025, succeeding the retiring K S Desikan. These moves reinforce succession planning and governance continuity, supporting growth and investor confidence.