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Centum Electronics Ltd — Regulatory Filings 2019
Sep 24, 2019
61011_rns_2019-09-24_f1f92cf9-54f1-44f2-a331-a80f8aee3493.pdf
Regulatory Filings
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Ref: CEL/NSEBSE/PR/24092019 24[th] September, 2019
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 inaugurates New Space Facility in Yelahanka.”
We are enclosing herewith the Press Release titled “Centum Electronics Limited inaugurates New Space Facility in Yelahanka”.
The above information is also hosted on the website of the Company at www.centumelectronics.com
Thanking you,
Yours faithfully, For Centum Electronics Limited NAGARAJ K Digitally signed by NAGARAJ K V V Date: 2019.09.24 15:48:14 +05'30' Nagaraj K V 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 www.centumindia.com CIN - L85110KA1993PLC013869
Centum Electronics Limited inaugurates New Space Facility in Yelahanka.
Dr. K. Sivan, Chairman ISRO, Inaugurated Centum’s new space facility in Yelahanka on the 24[th] September 2019.
Dr. Kunhikrishnan, Director UR Rao Satellite Center and Dr. Uma Maheswaran, Scientific Secretary at ISRO Head Quarters were the “guests of Honor”.
“The Investment in the new brownfield facility is over Rs. 50 Crores and will create 250 new jobs in addition to the 700 people already employed in the Space, Defense and Aerospace facility. Centum is a leading Electronics industry partner for ISRO and is involved in the Design, Development, Qualification and productionization of electronic modules, subsystems and systems for multiple applications in Satellites and Launch vehicles. Keeping in mind, the growing number of missions of ISRO, we have made significant investments to ensure we can deliver products with the right quality, technology and in required quantities to be a trusted partner for ISRO” said Mr. Apparao Mallavarapu, CMD of Centum Group.
“The journey with ISRO, from delivering components to modules, subsystems and now systems, over the last two decades, has been demanding and technically rewarding to enable Centum to grow as an international player. At Centum we work in multiple domains like Analog, Power, RF, Digital and mixed signals” said Mr. Vinod Chippalkatti, President of SEBU.
About Centum:
Centum Electronics was founded in 1994 by Mr. Apparao Mallavarapu in Bangalore, India. It is listed on Mumbai and National stock exchanges. Since inception, Centum has rapidly grown into a diversified electronics company operating across different industry segments and offering a broad range of products and services to domestic and Global Customers. It has continuously invested in strengthening its design & product development capabilities and has also established a truly world‐class Hi‐Tech Manufacturing facilities which today are spread across 4 locations in Bangalore.
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On its 25[th] year, with revenues over Rs 1000 crores, the key contributor to Centum’s growth has been the strong relationships forged with international customers that have enabled the company to establish a global presence and bring value to a range of customers. This customer‐focused approach coupled with Centum’s core‐values of Technology‐Teamwork‐Trust has resulted in a track‐record of high‐quality products & services and excellent execution ability.
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