
Regulatory13 Aug 2026, 06:01 pm
Centum Electronics: Monitoring Agency Report for QIP Proceeds (June 30, 2026)
AI Summary
Centum Electronics Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Qualified Institutional Placement (QIP). The report, issued by CRISIL Limited, indicates no deviation from the objects of the issue. The QIP, which took place from March 10-13, 2025, raised fresh issuance of ₹2,100.00 million, with net proceeds of ₹2,006.80 million being monitored. The net proceeds were revised slightly upwards from the initial estimate due to lower actual issue expenses.
Key Highlights
- Monitoring agency report submitted for QIP proceeds utilization.
- No deviation from the objects of the Qualified Institutional Placement.
- QIP raised ₹2,100 million, with net proceeds of ₹2,006.80 million monitored.
- Report covers utilization for the quarter ended June 30, 2026.
- CRISIL Limited acts as the monitoring agency.
Price Impact
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