Business Match Services (India) Private Limited has submitted additional regulatory filings to BSE Limited and National Stock Exchange of India regarding further pledge release transactions involving its shareholding in Centrum Capital Limited. The latest disclosures, made under regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detail continued deleveraging activities that extended through March 30, 2026.

Extended Transaction Timeline

The regulatory filing reveals an extended series of pledge transactions executed over multiple days in March 2026. Business Match Services maintained its total shareholding of 13,44,99,041 shares throughout these transactions, representing 29.27% of Centrum Capital's total share capital.

Latest Pledge Release Transactions

The most recent transactions on March 30, 2026, involved the release of 1,20,00,000 pledged shares through two separate transactions. The first release of 70,00,000 shares was due to loan repayment to Minisol Limited, reducing the encumbered shareholding from 15.13% to 13.61%. The second release of 50,00,000 shares was due to loan repayment to Catalyst Trusteeship Limited, further reducing the encumbered position to 12.52% of Centrum Capital's total share capital.

Regulatory Compliance and Documentation

Business Match Services submitted formal letters dated March 30, 2026, to both stock exchanges and directly to Centrum Capital Limited. The company's registered office is located at A-301/302, 36 Turner Road Building, Bandra West, Mumbai-400050, with CIN: U74999MH1992PTC066170.

Cumulative Impact on Encumbered Holdings

The complete series of transactions from March 23-30, 2026, resulted in a substantial net reduction of encumbered shares. The encumbered shareholding percentage decreased significantly from an initial level of 18.94% to a final position of 12.52% of Centrum Capital's total share capital. This represents a reduction of 6.42 percentage points, indicating systematic deleveraging of Business Match Services' position through strategic loan repayments to multiple entities including Merlin Projects Ltd, Minisol Limited, and Catalyst Trusteeship Limited.

Centrum Capital Limited has completed the allotment of 2,72,50,000 equity shares to its promoter group entity JBCG Advisory Services Private Limited following the exercise of convertible warrants on March 27, 2026. The Board of Directors approved this allotment through a circular resolution, marking a significant capital structure development for the financial services company.

Warrant Conversion Details

The conversion involved 2,72,50,000 warrants being exercised at an issue price of ₹28.52 per share, including a premium of ₹27.52 each. JBCG Advisory Services paid ₹58,28,77,500 representing 75% of the total issue price upon exercise of the conversion rights. This amount was in addition to the 25% upfront consideration of ₹19,42,92,500 already paid during the initial warrant allotment.

Impact on Share Capital Structure

Following this conversion, Centrum Capital's issued, subscribed and paid-up equity share capital has increased to ₹48,68,29,194, consisting of 48,68,29,194 fully paid-up equity shares of ₹1 each. The newly allotted shares rank pari-passu with existing equity shares, providing equal rights and privileges to the holder.

Promoter Shareholding Changes

The warrant conversion has resulted in a notable increase in promoter group shareholding. JBCG Advisory Services' stake in Centrum Capital has risen from 35.85% to 39.44% following this allotment.

Outstanding Warrants Position

This partial conversion leaves 4,28,76,225 warrants outstanding from the original allotment of 7,01,26,225 convertible warrants made to JBCG in August 2025. These remaining warrants can be exercised at the option of the warrant holder during the remaining tenure, in accordance with SEBI ICDR Regulations.

The conversion was executed in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and Chapter V of SEBI ICDR Regulations, 2018. The company has fulfilled all regulatory disclosure requirements and updated its website with the relevant information for stakeholder reference.