NewsJBCG Advisory Services Increases Stake in Centrum Capital to 11.43% Through Share AcquisitionJBCG Advisory Services Increases Stake in Centrum Capital to 11.43% Through Share Acquisition
JBCG Advisory Services Private Limited has increased its stake in Centrum Capital Limited from 5.58% to 11.43% through the acquisition of 3,00,19,371 shares. The transaction, completed on March 27, 2026, involved open market purchases and warrant conversion, prompting mandatory SEBI disclosure requirements due to the significant change in shareholding position.
*this image is generated using AI for illustrative purposes only.
JBCG Advisory Services Private Limited has significantly increased its shareholding in Centrum Capital Limited, acquiring 3,00,19,371 shares through open market transactions and warrant conversion. The acquisition has raised the company's total shareholding from 5.58% to 11.43%, triggering mandatory disclosure requirements under SEBI regulations.
Shareholding Details and Transaction Overview
The acquisition was completed on March 27, 2026, through a combination of open market purchases and conversion of warrants by the target company. JBCG Advisory Services, acting as the acquirer along with Business Match Services India Pvt Ltd as persons acting in concert, belongs to the promoter group of Centrum Capital.
| Parameter | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Shares Carrying Voting Rights | 2,56,34,537 | 5,56,53,908 | +3,00,19,371 |
| Shareholding (% of total) | 5.58% | 11.43% | +5.85% |
| Diluted Shareholding | 4.84% | 10.51% | +5.67% |
Warrant Holdings and Capital Structure
Prior to the acquisition, JBCG Advisory Services held 7,01,26,225 warrants or convertible securities. Following the transaction, this holding was reduced to 4,28,76,225 warrants, indicating partial conversion as part of the acquisition process.
| Capital Structure | Details |
|---|---|
| Equity Share Capital (Before) | 45,95,79,194 |
| Equity Share Capital (After) | 48,68,29,194 |
| Total Diluted Share Capital | 52,97,05,419 |
Regulatory Compliance and Disclosure
The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was necessitated due to the acquisition resulting in a change of 2% or more in shareholding from the last disclosed position. Centrum Capital's shares are listed on both BSE Limited and National Stock Exchange of India Ltd.
Company Information
JBCG Advisory Services Private Limited is incorporated under CIN U74110MH2016PTC287730 and operates from its registered office at A-302, 36 Turner Road Building, Bandra West, Mumbai. The company filed the disclosure with both stock exchanges and directly with Centrum Capital Limited on April 2, 2026, maintaining transparency in accordance with regulatory requirements.
Historical Stock Returns for Centrum Capital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -9.11% | +15.51% | -16.98% | +11.32% | -1.50% |
Will JBCG Advisory Services continue acquiring shares to reach the 25% threshold that would trigger a mandatory open offer?
How might this increased promoter shareholding affect Centrum Capital's strategic decisions and corporate governance structure?
What impact could the remaining 4.28 crore warrants have on share dilution if JBCG decides to convert them in the future?
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