Centum Electronics Limited announced the outcome of its Board Meeting held on February 14, 2026. The board approved the unaudited financial results for the third quarter ended December 31, 2025, both on a standalone and consolidated basis, along with the Limited Review Report. In a significant move, the board approved the appointment of Mr. Ramesh Ramadurai as an Additional Director in the capacity of Independent Director for a term of five years, effective February 14, 2026, subject to shareholder approval. Mr. Ramadurai brings over 30 years of experience, including significant global leadership roles at 3M, where he currently serves as Managing Director of 3M India. The company also approved the allotment of 4,833 equity shares under its Restricted Stock Unit Plan 2021, leading to an increase in paid-up equity share capital. Furthermore, the board resolved to initiate actions concerning its material subsidiary, Centum T&S Group Société Anonyme (S.A.), France, which may include participation in court-supervised processes, sale or transfer of shares/investments, or divestment of business/assets. These actions could lead to the restructuring of subsidiaries and disposal of certain assets of another material subsidiary, Centum Electronics UK Limited, subject to shareholder approval. The financial results indicate a net loss of ₹1,777.94 crore for the third quarter ended December 31, 2025, on a standalone basis, primarily due to an exceptional item of ₹2,041.83 crore. On a consolidated basis, the net loss for the quarter was ₹617.50 crore. The company also reported the discontinuation of business operations for its Canadian subsidiaries, Centum E&S and Centum T&S, Canada, and has provided for the carrying value of related assets and liabilities.
