Centum electronics has announced securing a prestigious order from Garden Reach Shipbuilders & Engineers Limited (GRSE) for Advanced Naval Navigation Systems, marking a significant expansion into the defence maritime sector. The order, valued at ₹29.40 crores excluding taxes, represents a major milestone for the company as it adds a completely new system tailored for frontline warships to its portfolio.

Order Details and Strategic Significance

The contract builds upon a Memorandum of Understanding signed between Centum Electronics and GRSE in October 2025 for the development of Advanced Naval Navigation Systems. This progression from development agreement to actual order demonstrates the successful collaboration between the two entities.

Defence Maritime Expansion

This order positions Centum Electronics to expand its presence in the defence maritime domain significantly. The Advanced Naval Navigation Systems represent cutting-edge, mission-critical technologies designed specifically for deployment on frontline warships, underscoring the company's commitment to delivering sophisticated solutions to India's armed forces.

The nature of the contract involves domestic supply, with GRSE being the awarding entity for these specialized navigation systems. The company has confirmed that this order does not involve any related party transactions and that promoter groups have no interest in the awarding entity.

Regulatory Compliance and Timeline

Centum Electronics has disclosed this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's announcement emphasizes the strategic importance of this win in strengthening its defence sector portfolio.

The execution timeline extends to February 2028, providing Centum Electronics with a structured timeframe to deliver these advanced navigation systems. This timeline allows for comprehensive development, testing, and deployment of the sophisticated naval technology required for frontline warship operations.

Market Impact and Future Prospects

The successful securing of this order demonstrates Centum Electronics' capability to compete in the specialized defence maritime technology sector. The addition of Advanced Naval Navigation Systems to the company's offerings represents diversification into high-value, technology-intensive defence applications, potentially opening doors for similar opportunities in the naval defence segment.

Centum electronics has announced the redesignation of Dr. Vinod Chippalkatti from President of Strategic Electronics Business Unit (SEBU) to Chief Technology Officer (CTO) of Centum Group with immediate effect. The company informed the National Stock Exchange and BSE about this senior management change on January 08, 2026, in compliance with SEBI LODR Regulations.

Leadership Transition Details

The redesignation represents an elevation in Dr. Chippalkatti's role within the organization, though he continues to remain part of the company's senior management team. The change was communicated to stock exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background

Dr. Chippalkatti brings extensive experience to his new role, leading Centum's Build-to-Spec India business that delivers mission-critical solutions for satellites, launch vehicles, radars, missiles, and other strategic platforms. His career spans over 25 years at Centum Electronics, during which he has held multiple leadership positions, including heading the design and engineering function.

Prior to joining Centum, Dr. Chippalkatti spent a decade at ISRO, where he contributed to India's first series of communication satellites. This background provides him with deep expertise in space technology and strategic electronics systems.

Educational Qualifications and Credentials

Dr. Chippalkatti holds impressive academic credentials that support his technical leadership role:

• BE (ECE) from NITK Suratkal
• Master's in Engineering from IISc Bangalore
• PhD degree
• PG Diploma in IP Law from NLSIU, Bangalore

Additionally, he serves as a member of the Executive Committee of Indian Space Association (ISPA), reflecting his active involvement in India's space sector development.

Regulatory Compliance

The company has fulfilled all disclosure requirements under SEBI regulations, providing detailed information about the redesignation as mandated by SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The announcement was signed by Indu H S, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed.