Centum Electronics Limited has submitted a regulatory compliance statement pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the utilization of proceeds from its Qualified Institutional Placement (QIP).
The company raised ₹2,100 million through QIP on March 13, 2025. The statement covers the period ended September 30, 2026 and confirms there is no deviation or variation in the use of funds raised.
Fund Utilization Details
Original Objects and Utilization:
- Repayment/prepayment of borrowings: Original allocation ₹1,149.92 million, utilized ₹1,149.92 million (100% utilization, no deviation)
- Capital expenditure for equipment and machinery: Original allocation ₹349.68 million, utilized ₹336.28 million (96.2% utilization, no deviation)
- General corporate purposes: Original allocation ₹507.20 million, utilized ₹0.00 million (0% utilization, no deviation)
Monitoring and Approval
- Monitoring agency: Crisil Ratings Limited
- The statement was reviewed by the Audit Committee and taken on record by the Board at their respective meetings held on November 3, 2026 and November 4, 2026
- Both Audit Committee and auditors have provided no comments (stated as "Nil")