NSEMonitoring Agency Report6d ago · 13 Aug 2026, 06:03 pm

Monitoring Agency Report

Centum Electronics Limited · CENTUM

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Centum Electronics Limited has submitted a monitoring agency report to the National Stock Exchange regarding the utilization of proceeds raised through a qualified institutions placement (QIP) for the quarter ended June 30, 2026. The report, issued by CRISIL Limited, Monitoring Agency, indicates that there are no deviations from the objects of the issue. The net proceeds of the QIP have been utilized for general corporate purposes.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment6/10

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Monitoring Agency Report w.r.t. utilization of proceeds raised through qualified institutions placement

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CENTUME_13082026180223_MARIntimationtoSE.pdf

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Ref: CE/NSEBSE/MAR/13082026 13th August, 2026 Listing Department, Department of Corporate Services – Listing, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 Re: Scrip Symbol: CENTUM/ Scrip Code: 517544 Dear Sir/ Madam, Sub: Monitoring Agency Report w.r.t. utilization of proceeds raised through qualified institutions placement. Pursuant to Regulation 173A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the monitoring agency report issued by CRISIL Limited, Monitoring Agency, in respect of utilization of proceeds raised through qualified institutions placement by the Company for the quarter ended June 30, 2026. Yours faithfully, For Centum Electronics Limited Indu H S Company Secretary & Compliance Officer ICSI Membership No. F12285 Encl: as above Centum Electronics Limited # 44, KHB Industrial Area, Yelahanka New Town, Bangalore - 560 064, Karnataka, India Tel +91-(0)80-4143-6000 Fax +91-(0)80-4143-6005 Website www.centumelectronics.com E-mail info@centumelectronics.com CIN - L85110KA1993PLC013869 Monitoring Agency Report Centum Electronics Limited for the quarter ended June 30, 2026 CRL/MAR/GDS3348/2026-27/1940 August 13, 2026 Centum Electronics Limited 44, KHB Industrial Area, Yelahanka, Bangalore Karnataka, India - 560064, Dear Sir/Madam, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Qualified Institutional Placement (“QIP”) of Centum Electronics Limited (“the Company”) Pursuant to Regulation 173A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated January 30, 2025, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of QIP for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Report of the Monitoring Agency (MA) Name of the Issuer: Centum Electronics Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: No (b) Range of Deviation: Not applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Centum Electronics Limited Names of the promoter: Mr. Apparao Venkata Mallavarapu, Mrs. Swarnalatha Mallavarapu, Ms. M S Swarnakumari, Mr. Nikhil Mallavarapu, Ms. Tanya Mallavarapu Industry/sector to which it belongs: Industrial Products 2) Issue Details Issue Period: March 10, 2025, to, March 13, 2025 Type of issue (public/rights): Qualified Institutional Placement (QIP) Type of specified securities: Equity Shares QIP Grading, if any: NA Issue size: Fresh issuance of Rs 2,100.00 million (Net proceeds of Rs 2,006.80 million*) *Crisil Ratings shall be monitoring the net proceeds amount. During the quarter ended June 30, 2025, net proceeds were revised from Rs 1,999.47 million to Rs 2,006.80 million on account of actual issue expenses being lower than estimated as disclosed in the final offer document, by Rs 7.33 million and the same has been adjusted with General corporate purposes cost. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ certifications Comments Comments considered by of the of the Particulars Reply Monitoring Agency Monitoring Board of for preparation of Agency Directors report Management undertaking, Peer reviewed independent chartered Utilization Whether all utilization is as per the disclosures in accountant certificate, No Yes during the the Offer Document? Placement Document Comments reported dated 13/03/2025 quarter (hereinafter referred as “offer document”), Bank Statements Whether shareholder approval has been obtained No No in case of material deviations from expenditures NA Comments Comments disclosed in the Offer Document? Whether the means of finance for the disclosed No No objects of the issue has changed? Comments Comments Is there any major deviation observed over the No No earlier monitoring agency reports? Comments Comments Management Whether all Government/statutory approvals undertaking, Peer No No related to the object(s) have been obtained? Comments Comments reviewed independent chartered accountant Whether all arrangements pertaining to technical No No NA certificate^ assistance/collaboration are in operation? Comments Comments Are there any favorable events improving the No No viability of these object(s)? Comments Comments Are there any unfavorable events affecting the No No viability of the object(s)? Comments Comments Is there any other relevant information that may No No materially affect the decision making of the No Comments Comments investors? NA represents Not Applicable ^Certificate dated July 30, 2026, issued by M/s M A Narasimhan & Company, Chartered Accountants (Firm Registration Number: 002347S), Peer-reviewed Independent Chartered Accountant. 4) Details of object(s) to be monitored: i. Cost of the object(s): Source of Original Comments of the Board of Directors information/ cost Revised Comment of certification (as per the Particulars of Sr. Cost the Reason Proposed Item considered by Offer firm No. (Rs in Monitoring of Cost financing Head MA for Document) arrangements million) Agency revision option preparation of (Rs in made report million) Repayment / pre- payment, in part or in full, of certain Management No 1 1,149.92 1,149.92 No Comments outstanding undertaking, Revision borrowings availed Peer by the Company rev [Showing first 8,000 characters — download PDF for full document]