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Centum Electronics Ltd Capital/Financing Update 2020

Dec 10, 2020

61011_rns_2020-12-10_fe2322f2-35ef-491b-9123-edc34aad1456.pdf

Capital/Financing Update

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Ref: CEL/NSEBSE/PR/10122020 10th December, 2020

To,

Listing Department Department of Corporate Services ‐ Listing
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, P. J. Towers,
Bandra Kurla Complex, Dalal Street,
Bandra (East), Mumbai – 400 001
Mumbai – 400 051

Re: Scrip Symbol: CENTUM/ Scrip Code: 517544

Dear Sir/ Madam,

Sub: Press Release – Centum Electronics Limited proposes to increase its stake in Centum Adetel Group SA

We are enclosing herewith the copy of the press release titled "Centum Electronics Limited proposes to increase its stake in Centum Adetel Group SA."

The above information is also hosted on the website of the Company at https://www.centumelectronics.com

Kindly take the same on your records.

Thanking you,

Yours faithfully, For Centum Electronics Limited

NAGARAJ K V

Digitally signed by NAGARAJ K V Date: 2020.12.10 19:45:17 +05'30'

Nagaraj K V Company Secretary & Compliance Officer

Encl: as above

Press Release

Centum Electronics Limited proposes to increase its stake in Centum Adetel Group SA.

Bangalore, 10th December, 2020:

The Board of Directors at their Meeting held on today i.e. 10th December, 2020 have approved the proposal for further investment in Centum Adetel Group (CAG) SA. With the proposed investment, Centum Electronics Limited (the Company) stake in CAG will increase from the current level of 59.77% to 64.66%. Further, the above investment will be done through Centum Electronics UK Limited, a wholly owned subsidiary of the Company, subject to necessary approvals.

For any queries, please contact: Nagaraj KV Investor Relations 080-41436020