CENTUMNSECentum Electronics Limited· Electronics - IndustrialMinimalNeutral
Announced Fri, 15 May · 24:43 IST

Centum Electronics Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

CENTUM · price

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Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹2980.00
prior close
₹2979.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.9-4.9-5.2-3.3-2.0-2.7+1.4+7.3+7.7+6.0+10.6+21.7+22.5
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AI summary

Centum Electronics has filed its quarterly statement of utilization of QIP proceeds as of March 31, 2026. The company raised ₹2,100 million (₹210 crore) via a Qualified Institutions Placement completed on March 13, 2025. Funds have been deployed as follows: ₹1,149.92 million fully utilized for repayment/prepayment of outstanding borrowings; ₹256.78 million of the ₹349.68 million allocated for capital expenditure on new equipment and machinery utilized so far; and ₹507.20 million allocated to general corporate purposes remains unutilized. The monitoring agency is Crisil Ratings Limited. No deviations or variations in the use of funds have been reported.

Likely market impact

The company has fully deployed the borrowing repayment portion of QIP proceeds with no deviations, indicating disciplined fund utilization. The unutilized general corporate purpose funds may be deployed subsequently.