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Centum Electronics Ltd Capital/Financing Update 2020
61011_rns_2020-05-06_bdb249a0-6519-4089-abcf-b434423e3e71.pdf
Capital/Financing Update
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Ref: CEL/NSEBSE/PR/06052020 6th May, 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."
This is also hosted on the Company's website at https://www.centumelectronics.com
Kindly take the same on your records.
Thanking you,
Yours faithfully, For Centum Electronics Limited Digitally signed by
NAGARAJ K V NAGARAJ K V Date: 2020.05.06 20:09:02 +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, 6th May, 2020:
The Board of Directors at their Meeting held on today i.e. 6th May, 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 54.15% to 59.80%. 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
