Centum Electronics Limited — Others, 05-08-2025: Statement of deviation(s) or variation(s) under Reg. 32
05-08-2025 | 07:16 pm
05-08-2025 | 07:16 pm
Centum Electronics has reported on the utilization of its ₹210 Cr Qualified Institutional Placement (QIP) funds. The company confirmed there was no significant deviation from the stated allocation plans for the quarter ended June 30, 2025. Funds were used for debt repayment, and capital expenditure is allocated as planned. A minor adjustment increased the General Corporate Purposes allocation by ₹0.73 Cr, as QIP issue expenses were lower than initially estimated. This update assures investors on the planned deployment of raised capital.
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