Centum Electronics Limited Announces 33rd AGM, Final Dividend Declared at ₹5 Per Share

Centum Electronics Limited Announces 33rd AGM, Final Dividend Declared at ₹5 Per Share​

Centum Electronics Limited has announced the details of its 33rd Annual General Meeting (AGM) and provided key operational updates concerning dividends, auditor remuneration, and board composition.

The company's 33rd AGM is scheduled to be held on Thursday, August 13, 2026, at 10:30 A.M. IST. The meeting will be conducted through Video Conferencing or other Audio-Visual Means (VC/OAVM).

Dividend and Financial Obligations​

During the AGM, shareholders are expected to receive and approve the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. A central resolution at the meeting concerns the declaration of a final dividend on equity shares for the fiscal year ending March 31, 2026.

The company has fixed Friday, July 31, 2026, as the Record Date to determine the entitlement of members to the final dividend, which is set at ₹5 per share against the face value of ₹10 per share. The cutoff date for determining eligible shareholders for e-voting was set as Thursday, August 6, 2026.

In addition to reviewing financial performance, the AGM requires shareholder consent regarding the remuneration payable to the Cost Auditors. M/s K.S. Kamalakara & Co., Cost Accountants (Firm Registration No. 000296) have been recommended as the Cost Auditors for the financial year 2026-27, with a remuneration of ₹1,50,000 per annum plus applicable taxes and out-of-pocket expenses.

Board Matters and Director Re-appointment​

The AGM includes a key resolution concerning the retirement by rotation of Ms. Tanya Mallavarapu. The Nomination and Remuneration Committee and the Board of Directors have recommended her re-appointment to the board.

Ms. Tanya Mallavarapu, who has been with the company since May 27, 2023, is a founder of TMR Design Co. LLP. Prior experience includes working as a marketing executive in the luxury retail industry and as a business analyst at Intuit. As of March 31, 2026, she holds 6,44,240 shares in Centum Electronics Limited. She is identified as being the daughter of Mr. Mallavarapu Venkata Apparao, Chairman & Managing Director, Dr. Swarnalatha Mallavarapu, Promoter and sister of Mr. Nikhil Mallavarapu, Joint Managing Director.

The company also provides a notice for the retirement of Ms. Tanya Mallavarapu by rotation at the meeting.

CENTUM Stock Price Movement​

Shares of Centum Electronics Limited today slipped by 3.57% to settle at ₹3610.3, reflecting a significant downturn in the capital goods sector. The stock traded within its intraday range, hitting a low of ₹3580 during the session.