French subsidiary units move to judicial liquidation after business sale to MBDA and SII

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Price reactionminutes from the announcement price · days from the prior close

-3.0%Reaction day

₹3710.00

prior close

₹3740.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.2%-1.8% vs market

Aerospace & Defense peers, median of 24sector-1.2%-1.8% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.8 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.8

15m

-0.6

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.0-1.2-1.8-1.2-1.8

Next day

-3.5-1.9-1.7-2.3-1.2

-3.3-1.4-1.9-1.9-1.4

-5.4-0.1-5.3-1.6-3.8

-7.0-1.4-5.6-4.2-2.9

-4.2-1.0-3.2-3.3-0.9

-4.3-0.4-3.9-2.4-1.9

15d

+2.3+3.2-0.9-1.7+3.9

-9.6+4.4-14.0+2.6-12.2

+31.9+4.6+27.3+2.7+29.2

+4.9-3.6+8.4-5.6+10.5

UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Centum Electronics' French units, Centum T&S Group S.A. and Centum Technologies et Solutions, have been ordered by the Lyon Economic Activities Court to convert from judicial reorganization (Redressement Judiciaire) into judicial liquidation (Liquidation Judiciaire), effective 2nd July 2026. The conversion follows the court-approved takeover of their business operations by MBDA France and SII, ensuring continuity of the business under new owners while the old entities are wound up.

Likely market impact

Operations continue under MBDA France and SII via acquisition; parent Centum loses the French subsidiaries but the business is preserved.