Centum Electronics Limited has filed a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding its French subsidiaries. This announcement follows up on the company's previous communication dated 11th June, 2026.
The Lyon Economic Activities Court, France has ordered the conversion of the judicial reorganization proceedings (Redressement Judiciaire) of Centum T&S Group S.A., France and Centum T&S (Centum Technologies et Solutions), France into judicial liquidation proceedings (Liquidation Judiciaire).
The conversion to liquidation follows the court-approved acquisition and takeover of the business operations of these entities by MBDA France and SII.
The company received the judgment orders passed by the Lyon Economic Activities Court regarding this matter on 20th July, 2026. The judicial liquidation proceedings are effective from 2nd July, 2026.
The disclosure serves as a formal intimation to the stock exchanges regarding this legal development affecting the company's French subsidiaries.