Centum Electronics Ltd Raises Rs 2,100 Million Through QIP in March 2025

Centum Electronics Ltd, a company in the Industrial Products sector, raised Rs 2,100 million through a Qualified Institutional Placement (QIP) in March 2025. The net proceeds from the issue were Rs 1,999.47 million. Crisil Ratings Limited, the monitoring agency, has issued a report on the utilization of the proceeds for the quarter ended March 31, 2025, in accordance with the SEBI ICDR Regulations and the Monitoring Agency Agreement dated January 30, 2025.