Centum Electronics: Independent Director Mr. Thiruvengadam Parthasarathi to Cease on Dec 27
Mr. Thiruvengadam Parthasarathi will cease to be an Independent Director of Centum Electronics Limited on December 27, 2025, upon completion of his second and final term. The board has acknowledged his contributions.
The cessation of an independent director upon completion of their term is a standard corporate governance event and is unlikely to have a significant impact on the company's operations or financial performance.
The announcement is a routine update regarding the completion of an Independent Director's tenure and does not involve any positive or negative financial or business developments.
Centum Electronics Limited has announced the cessation of Mr. Thiruvengadam Parthasarathi as an Independent Director of the company.
This cessation will be effective from the close of business hours on December 27, 2025, due to the completion of his second and final term as an Independent Director, in accordance with the Companies Act, 2013 and SEBI Listing Regulations.
The Board of Directors expressed their sincere appreciation for Mr. Parthasarathi's invaluable contributions and guidance during his tenure on the Board and its Committees. The requisite disclosures as per Regulation 30 of SEBI Listing Regulations have been enclosed as 'Annexure-A'.
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Centum Electronics Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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