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Centum Electronics to make further investment in Centum T&S Group SA

21 Jan 2025 Evaluate

Centum Electronics through its wholly owned subsidiary -- Centum Electronics UK is all set to make further investment of upto 2 million Euro in Centum T&S Group SA, subject to necessary approvals. The objective of investment is to support the Company’s financial operations, facilitate growth and improve its financial stability, allowing it to meet its short term and long-term financial requirements. 

The additional investment upto 2 million Euro will be made in one or more tranches by January, 2025.

Centum Electronics is basically engaged in designing and manufacturing of advanced electronics systems, subsystems, and components.

Peers
Company Name CMP
Hindustan Aeronaut. 4827.10
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Aequs 230.35
Astra Microwave Prod 1621.70
DCX Systems 165.65
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