Centum Electronics Ltd has set the floor price for its upcoming issue at ₹1,219.65 per share. This strategic move aims to raise capital through equity issuance, aligning with the company's growth plans. Centum Electronics, a leading electronics firm, continues to navigate market challenges while focusing on expansion and financial restructuring. The floor price announcement marks a crucial step in the company's efforts to enhance its financial stability and leverage market opportunities effectively.
Sources: TradingView, Centum Electronics, BSE India