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Centum Electronics Ltd — Capital/Financing Update 2025
May 14, 2025
61011_rns_2025-05-14_9b996aa9-5d00-429c-9266-d328797186eb.pdf
Capital/Financing Update
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Ref: CEL/NSEBSE/SDV/14052025 14[th] May, 2025
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 – 400 051 Mumbai – 400 001
Re: Scrip Symbol: CENTUM/ Scrip Code: 517544
Dear Sir/ Madam,
- Sub: Regulation 32(3) Statement of deviation or variation for the quarter ended March 31, 2025
We are enclosing herewith the Statement of Deviation or Variation in the utilization of proceeds raised through the Qualified Institutional Placement (QIP), pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended March 31, 2025.
We hereby confirm that there has been no deviation or variation in the use of proceeds raised through the QIP during the quarter ended March 31, 2025, from the objects stated in the Placement Document dated March 13, 2025.
Kindly take the same on your records.
Thanking you
Yours faithfully,
For Centum Electronics Limited
Digitally signed by INDU H S INDU H S Date: 2025.05.14 22:26:09 +05'30' Indu H S Company Secretary & Compliance Officer ICSI Membership No. F12285 Encl: as above
Centum Electronics Limited
44, KHB Industrial Area, Yelahanka New Town, Bangalore - 560 106, Karnataka, India Tel +91-(0)80-4143-6000 Fax +91-(0)80-4143-6005 Website www.centumelectronics.com E-mail [email protected] CIN - L85110KA1993PLC013869
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Regulation 32(3) - Statement of Deviation or Variation, if any, in the use of proceeds
| Name of listed entity | Centum Electronics Limited |
|---|---|
| Mode of Fund Raising | Qualified Institutional Placement |
| Date of Raising Funds | March 13,2025 |
| Amount Raised | Rs. 2,100 million |
| Report filed for Quarter ended | March 31,2025 |
| Monitoring Agency | Yes |
| Monitoring Agency Name, if applicable |
Crisil Ratings Limited |
| Is there a Deviation / Variation in use of funds raised |
No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders |
Not Applicable |
| If Yes, Date of shareholder Approval |
Not Applicable |
| Explanation for the Deviation / Variation |
Not Applicable |
| Comments of the Audit Committee after review |
Nil |
| Comments of the auditors, if any | Nil |
Objects for which funds have been raised and where there has been a deviation, in the following table
| Original Object |
Modified Object, if any |
Original Allocation (Rs. In million) |
Modified allocation, if any |
Funds Utilised (Rs. In million) |
Amount of Deviation/Variation for the quarter according to applicable object |
Remarks if any |
|---|---|---|---|---|---|---|
| Repayment / pre- payment, in part or in full, of certain |
Not Applicable |
Rs. 1,149.92 |
Not Applicable |
Rs. 1,102.34 |
0.00 | No Deviation |
Centum Electronics Limited
44, KHB Industrial Area, Yelahanka New Town, Bangalore - 560 106, Karnataka, India Tel +91-(0)80-4143-6000 Fax +91-(0)80-4143-6005 Website www.centumelectronics.com
E-mail [email protected] CIN - L85110KA1993PLC013869
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| outstanding borrowings availed by the Company |
||||||
|---|---|---|---|---|---|---|
| Capital expenditure for purchase of new equipment and machinery |
Not Applicable |
Rs. 349.68 | Not Applicable |
0.00 | 0.00 | No Deviation |
| General Corporate Purposes |
Not Applicable |
Rs. 499.87 | Not Applicable |
0.00 | 0.00 | No deviation |