Centum Electronics Limited — Others, 22-05-2025: Change in Management

Centum Electronics has announced a board meeting outcome with standalone net profit of Rs. 295.79 million and consolidated net profit of Rs. 204.07 million for the year, both audited cleanly. A final dividend of Rs. 6 per share is proposed, pending shareholder approval. Key leadership updates include Dr. Udayant Malhoutra joining as Independent Director, Mr. Apparao V Mallavarapu’s reappointment as Chairman and Managing Director, Mr. Nikhil Mallavarapu’s redesignation as Joint Managing Director, and Mr. Sundararajan Parthasarathy’s appointment as CFO, succeeding the retiring Mr. K S Desikan. These moves support succession planning during ongoing global growth.