Centum Electronics Limited — Important, 22-05-2025: Updates

Centum Electronics has announced a board meeting to review its financials. Consolidated revenue stands at ₹1,130.86 Cr with consolidated profit at ₹15.53 Cr. The Board approved a final dividend of ₹6/share, pending shareholder approval. Leadership updates include the appointment of Dr. Udayant Malhoutra as Independent Director, reappointment of Mr. Apparao V Mallavarapu as Chairman & MD, and redesignation of Mr. Nikhil Mallavarapu as Joint MD. CFO succession planning is underway with Mr. Sundararajan Parthasarathy joining soon. The company used ₹199.95 Cr from QIP proceeds to prepay debt, strengthening its balance sheet.