Centum Electronics: QIP Proceeds Utilization Report Filed

Centum Electronics Limited has filed its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Qualified Institutions Placement (QIP). The report, issued by CRISIL Limited, indicates no deviation from the stated objects of the QIP. The QIP, which involved a fresh issuance of equity shares, raised ₹2,100.00 million, with net proceeds of ₹2,006.80 million. The net proceeds were revised slightly upwards from the initial estimate due to lower-than-estimated issue expenses, with the adjustment made to general corporate purposes.