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Centum Electronics reported deviation in QIP proceeds utilization as of June 2026
13-Aug-2026, 07:22
Centum Electronics Limited informed the National Stock Exchange of India Limited and BSE Limited that its Audit Committee and Board reviewed and approved a statement of deviation or variation in the utilization of proceeds from a Qualified Institutional Placement (“QIP”) as of June 30, 2026, in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; the company raised Rs 2,100 million through the QIP on March 13, 2025.
Centum Electronics Limited informed the National Stock Exchange of India Limited and BSE Limited that its Audit Committee and Board reviewed and approved a statement of deviation or variation in the utilization of proceeds from a Qualified Institutional Placement (“QIP”) as of June 30, 2026, in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; the company raised Rs 2,100 million through the QIP on March 13, 2025.