Centum Electronics Files Q3 FY26 QIP Monitoring Report with Rs 688.00 Million Unutilized Proceeds

2 min read     Updated on 14 Feb 2026, 09:20 PM
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Centum Electronics Limited filed its Q3 FY26 monitoring agency report for QIP proceeds utilization, showing Rs 1,318.80 million utilized out of total net proceeds of Rs 2,006.80 million. The company has fully utilized Rs 1,149.92 million for debt repayment and Rs 168.88 million for capital expenditure, while Rs 688.00 million remains unutilized and deployed in fixed deposits across multiple banks earning returns of 5.25-5.75%. CRISIL Limited confirmed no deviation from stated objects.

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Centum Electronics Limited has submitted its quarterly monitoring agency report for the utilization of proceeds raised through its Qualified Institutional Placement (QIP) for the quarter ended December 31, 2025. The report, prepared by CRISIL Limited as the monitoring agency, was filed in compliance with Regulation 173A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

QIP Issue Details and Proceeds

The company conducted its QIP during March 10-13, 2025, raising gross proceeds of Rs 2,100.00 million with net proceeds of Rs 2,006.80 million. The net proceeds were revised upward from the originally estimated Rs 1,999.47 million due to actual issue expenses being Rs 7.33 million lower than estimated.

Parameter Details
Issue Period March 10, 2025 to March 13, 2025
Gross Proceeds Rs 2,100.00 million
Net Proceeds Rs 2,006.80 million
Type of Securities Equity Shares

Utilization Progress Across Objects

The monitoring report reveals the current status of fund utilization across the three stated objects of the QIP issue:

Object Allocated Amount (Rs million) Utilized Amount (Rs million) Unutilized Amount (Rs million)
Debt Repayment 1,149.92 1,149.92 0.00
Capital Expenditure 349.68 168.88 180.80
General Corporate Purposes 507.20 0.00 507.20
Total 2,006.80 1,318.80 688.00

Deployment of Unutilized Funds

The company has deployed the unutilized proceeds of Rs 688.00 million in fixed deposits across multiple banks to ensure capital preservation and earn returns. The deployment strategy shows diversification across reputable banking institutions:

Bank Amount (Rs million) Maturity Date Return Rate (%)
HDFC Bank (Multiple FDs) 300.00 April 17, 2026 5.75
State Bank of India (Multiple FDs) 283.84 March-April 2026 5.60
Kotak Mahindra Bank (FDs) 65.95 January-April 2026 5.25-5.50
Kotak Bank (Monitoring Account) 38.21 - -

The total market value of these investments as of December 31, 2025, stood at Rs 697.82 million, including accrued interest of Rs 9.82 million.

Compliance and Monitoring Status

The monitoring agency report confirms no deviation from the disclosed objects of the issue. Key compliance highlights include:

  • All utilization remains aligned with offer document disclosures
  • No material deviations requiring shareholder approval
  • No changes in means of finance for disclosed objects
  • General corporate purposes utilization remains within the 25% limit of gross proceeds

During the reported quarter, the company utilized Rs 68.12 million toward capital expenditure for purchasing new equipment and machinery. The Board of Directors approved modifications in vendor arrangements and equipment purchases on February 14, 2026, while maintaining alignment with the original object of capital expenditure.

Regulatory Framework

The report was prepared in accordance with SEBI regulations and certified by M/s M A Narasimhan & Company, Chartered Accountants. CRISIL Limited, serving as the monitoring agency, confirmed that the report provides an objective view of proceeds utilization based on information provided by the issuer and reliable sources, though it does not constitute an audit or independent verification of the information provided.

Historical Stock Returns for Centum Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%-0.56%+5.05%+2.65%+74.43%+628.49%

Centum Electronics Board Meeting Scheduled for February 06, 2026 to Consider Q3FY26 Results

1 min read     Updated on 30 Jan 2026, 12:19 PM
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Centum Electronics Limited has scheduled a board meeting for February 06, 2026, to approve Q3FY26 unaudited results for the quarter ended December 31, 2025. Trading window remains closed until February 08, 2026 for designated persons under insider trading regulations. The company will conduct an earnings call on February 09, 2026 at 14:00 hours IST with investors and analysts to discuss financial and operational performance.

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Centum Electronics Limited has announced its board meeting schedule for the consideration of third quarter financial results for fiscal year 2026. The company has issued formal notification to stock exchanges regarding the upcoming corporate governance activities.

Board Meeting Details

The board of directors meeting is scheduled for Friday, February 06, 2026, with the primary agenda to consider and approve unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025. The notification has been issued under Regulation 29 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Event Details: Information
Meeting Date: February 06, 2026
Quarter Period: Third quarter ended December 31, 2025
Results Type: Unaudited standalone and consolidated
Regulation: SEBI Regulation 29 & 33

Trading Window Restrictions

In compliance with insider trading regulations, the company has implemented trading window closure measures. The trading window for dealing in securities will remain closed for all designated persons, their immediate relatives, and connected persons until February 08, 2026. This closure was initially disclosed on December 26, 2025, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.

Investor Engagement Activities

Centum Electronics has scheduled an earnings call with investors and analysts to discuss the company's financial and operational performance for the third quarter ended December 31, 2025. The earnings call is planned for Monday, February 09, 2026 at 14:00 hours IST.

Earnings Call Details: Information
Date: February 09, 2026
Time: 14:00 hours IST
Participants: Investors and Analysts
Discussion Focus: Q3FY26 financial and operational performance

Management Representation

The earnings call will be represented by key management personnel including Mr. Nikhil Mallavarapu, Joint Managing Director, and Mr. Sundararajan Parthasarathy, Chief Financial Officer. The call will be led by Ms. Krishna Doshi, Defence Analyst from Ashika Institutional Equity Research.

The company has provided multiple access options for the earnings call, including universal access numbers and toll-free numbers for international participants from Hong Kong, Singapore, UK, and USA. Diamond Pass registration facility is also available for participants.

Historical Stock Returns for Centum Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%-0.56%+5.05%+2.65%+74.43%+628.49%

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1 Year Returns:+74.43%