CENTUM Electronics Shareholders Approve Independent Director Appointments and Subsidiary Restructuring Through Postal Ballot
CENTUM Electronics successfully completed its postal ballot process on March 16, 2026, with shareholders approving three special resolutions through remote e-voting. The company received overwhelming support for appointing Mr. Apurva Chandra and Mr. Ramesh Ramadurai as independent directors, with 99.9999% approval for both appointments. Additionally, shareholders authorized comprehensive restructuring of UK and France subsidiaries with 99.92% approval, enabling potential divestment, asset disposal, and control changes. The voting process achieved 71.32% participation rate, demonstrating strong shareholder engagement and confidence in the company's strategic initiatives.
