centrum capital has appointed Manmohan Shetty as an Additional Director (Non-Executive, Non-Independent), effective August 5, 2026. The transition follows the conclusion of Shetty’s second term as an Independent Director on August 4, 2026. The Board of Directors approved the appointment through a circular resolution passed on July 16, 2026. This change in designation alters the composition of the Board, shifting Shetty from an independent oversight role to a non-executive, non-independent capacity. Shareholders must approve the appointment for it to become permanent.

The company disclosed the change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III. The intimation was submitted to the National Stock Exchange of India Limited and BSE Limited on August 4, 2026. The disclosure also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Balakrishna Kumar, Company Secretary & Compliance Officer of Centrum Capital Limited, signed the filing.

Key Details of the Appointment

Manmohan Shetty brings extensive experience in the entertainment sector to the Board. He is the Founder of Adlabs Films Limited, one of India’s largest entertainment corporations, known for producing box office hits and National Award-winning films. He also founded Adlabs Entertainment Limited, which operates Imagicaa, a major theme and amusement park with a water park and 5-star hotel on the Mumbai-Pune Expressway. Currently, he serves as a director of Thrill Park Limited and Cineport Entertainment Private Limited.

Shetty has held significant positions in industry bodies and government organizations. He was a Council member of the Film & Television Producers Guild of India and served as Chairman of the National Film Development Corporation. He established India’s first and the world’s largest IMAX dome theatre. The company confirmed that Shetty is not related to any other Director of Centrum Capital Limited. Furthermore, he is not debarred from holding the office of Director by any order from the Securities and Exchange Board of India or other authorities.

What the Numbers Show

The shift in Shetty’s role reflects a standard governance cycle where an Independent Director completes their maximum permissible tenure and transitions to a non-independent role if reappointed. By moving him to a Non-Executive, Non-Independent position, Centrum Capital retains his industry expertise while complying with regulatory limits on independent director tenures. The requirement for shareholder approval ensures that this structural change aligns with owner interests before becoming permanent.

Business Match Services (India) Private Limited, a promoter in Centrum Capital Limited , submitted revised disclosures to the stock exchanges on July 21, 2026, to rectify errors in previous filings regarding share encumbrances. The revision addresses discrepancies in the reported number of shares in promoter holding already encumbered and the post-event holding of encumbered shares. The filing was made in compliance with regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The correction became necessary because the creation of a pledge over 5,00,000 equity shares in favour of KRChoksey Financial Services Private Limited was inadvertently reported with an incorrect date in the disclosure dated June 12, 2026. The revised filing confirms that this pledge was actually created on June 4, 2026, rather than June 3, 2026. The updated disclosures provide a comprehensive view of the promoter's encumbered shareholding following these transactions.

Details of Encumbrance Transactions

The revised disclosures outline a series of pledge releases and creations between June 3 and June 23, 2026. On June 3, the promoter released 62,30,000 shares due to loan repayment, reducing the encumbered holding to 4,12,50,000 shares. Subsequently, several pledges were created citing market price fluctuations, increasing the encumbered stake. By June 10, the total encumbered shares stood at 4,43,50,000.

A significant release occurred on June 23, 2026, involving 30,35,000 shares released in favour of Nidhi Castings and Alloys Private Limited. This transaction reduced the encumbered holding to 4,13,15,000 shares. The following table summarizes the key transactions reported in the revised filing.

Recent Pledge Creation

Further activity was reported on July 10, 2026, involving the creation of a fresh pledge. Business Match Services created a pledge on 23,00,000 shares, representing 0.47% of the total share capital, in favour of KRChoksey Financial Services Pvt Ltd. This transaction was undertaken regarding a fresh loan and increased the total post-event holding of encumbered shares to 4,36,15,000, or 8.96% of the total share capital. The promoter's total holding in Centrum Capital Limited remains 13,44,99,041 shares, constituting 27.63% of the total share capital.