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Centum Electronics Ltd Major Shareholding Notification 2023

Sep 15, 2023

61011_rns_2023-09-15_efef99c2-24e0-4640-be6e-e56e0f5b160c.pdf

Major Shareholding Notification

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Ref: CEL/NSEBSE/15092023

15th September 2023

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To,

Listing Department,
National Stock Exchange of India Limited,
Exchange Plaza,
Bandra Kurla Complex,
Bandra(East), Mumbai – 400 051

Department of Corporate Services – Listing,
BSE Limited,
P. J. Towers,
Dalal Street,
Mumbai – 400 001

Re: Scrip Symbol: CENTUM/ Scrip Code: 517544

Dear Sir/ Madam,

Sub: Disclosure under the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and amendments thereto (‘Listing Regulations’).

Pursuant to Regulation 30, read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that Centum Electronics Limited (hereinafter referred to as “the Company”) has received intimation letters dated 14th September, 2023 from Mr.Apparao V Mallavarapu, Promoter of the Company and Mr.Nikhil Mallavarapu belonging to the Promoter Group of the Company. As per the said intimation letters, Mr.Apparao V Mallavarapu has transferred 62,926 shares to Mr.Nikhil Mallavarapu by way of gift through an off-market inter-se transfer between promoters and promoter group without consideration.

The details of the same are as under:

Date of
Transaction
Name of the
Donor
Name of the
Donee
Number of
Shares
transferred
% of total
shares of the
Company
12thSeptember,
2023
Apparao V
Mallavarapu
Nikhil
Mallavarapu
62,926 0.49%

The above transaction, being an inter-se transfer of shares amongst promoter group, the same falls within the exemption as provided under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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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The aggregate shareholding of promoter and promoter group before and after the above inter-se transfer remains the same (details individually enclosed as Annexure-A).

Kindly take the same on record and acknowledge the receipt of the same.

Yours faithfully,

For Centum Electronics Limited

Digitally signed by INDU INDU H S H S Date: 2023.09.15 16:11:45 +05'30' Indu H S Company Secretary & Compliance Officer

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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Annexure – A

Details of Promoter and Promoter Group Holding before and after Inter-se Transfer

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Shareholding prior to Inter-se Shareholding after Inter-se
Transfer Transfer
SI % of % of
Name
No. total total
No. of Shares shares No. of Shares shares
of the of the
company company
Apparao V
1 59,60,475 46.26% 58,97,549 45.77%
Mallavarapu
Swarnalatha
2 3,69,150 2.86% 3,69,150 2.86%
Mallavarapu
3 Nikhil Mallavarapu 5,89,929 4.58% 6,52,855 5.07%
4 M S Swarnakumari 12,684 0.10% 12,684 0.10%
5 Tanya Mallavarapu 6,44,240 5% 6,44,240 5%
Total 75,76,478 58.80% 75,76,478 58.80%
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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