Centum Electronics Independent Director Completes Final Term, Steps Down December 27

Centum Electronics Limited has announced the cessation of Independent Director Mr. Thiruvengadam Parthasarathi, effective from the close of business hours on December 27, 2025. The departure follows the completion of his second and final term as Independent Director, in accordance with regulatory requirements.

Director Cessation Details

The company informed stock exchanges on December 26, 2025, about Mr. Parthasarathi's cessation as Independent Director. His departure is attributed to the completion of his tenure as per the applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter:	Details
Director Name:	Mr. Thiruvengadam Parthasarathi
Director Identification Number:	00016375
Reason for Change:	End of second and final term as Independent Director
Effective Date:	December 27, 2025 (close of business hours)

Board Appreciation

The Board of Directors has formally acknowledged Mr. Parthasarathi's contributions during his tenure. The company placed on record its sincere appreciation for the invaluable contributions and guidance provided by him during his service on the Board and its Committees.

Regulatory Compliance

Centum Electronics has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided the requisite disclosures as required under the circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The intimation was sent to both the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with listing requirements. Company Secretary and Compliance Officer Indu HS signed the disclosure document on behalf of Centum Electronics Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.86%	-5.36%	+0.02%	-5.67%	+2.74%	+390.01%

Board Appointment Details

The Board of Directors approved Mr. Chandra's appointment based on the recommendation of the Nomination and Remuneration Committee. The appointment is structured for a five-year term, subject to approval by the company's shareholders.

Parameter	Details
Director Name	Mr. Apurva Chandra
DIN	02531655
Position	Additional Non-Executive Independent Director
Effective Date	December 19, 2025
Term Duration	Five years
Approval Status	Subject to shareholder approval

Professional Background and Experience

Mr. Apurva Chandra brings extensive experience as a distinguished senior Indian Administrative Service (IAS) officer of the 1988 Maharashtra cadre, with over 36 years of experience in public administration and policy formulation. He superannuated from service on September 30, 2024.

During his distinguished career, Mr. Chandra held several senior leadership positions in the Government of India, including:

Secretary in the Ministry of Health & Family Welfare
Secretary in the Ministry of Information & Broadcasting
Secretary in the Ministry of Labour & Employment
Director General (Acquisition) in the Ministry of Defence
Principal Secretary (Industries) in the Government of Maharashtra

He has also represented India on international forums, including the International Labour Organization (ILO).

Current Board Positions and Corporate Experience

Mr. Chandra has served on the boards of leading public sector undertakings including GAIL (India) Limited, Petronet LNG Limited, and the Maharashtra Industrial Development Corporation (MIDC). He currently serves on the boards of several companies including IL&FS Limited, Sudarshan Chemicals Limited, and CEAT Limited.

Educational Qualifications

An alumnus of IIT Delhi, Mr. Chandra holds comprehensive academic credentials:

Bachelor's degree in Civil Engineering
Master's degree in Structural Engineering
Diploma in Business Finance
Accountancy Certificate from the London School of Economics

Regulatory Compliance

The company has confirmed that Mr. Chandra is not related to any of the Directors, Key Managerial Personnel, or Promoters of the Company. Additionally, he is not debarred from holding the office of director pursuant to any SEBI order or any such authority, ensuring full compliance with regulatory requirements.