Business Match Services (India) Private Limited has created an additional pledge on its equity shareholding in Centrum Capital Limited, as disclosed in a regulatory filing under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Creation Details

The Mumbai-based Business Match Services created a pledge of 4,60,000 equity shares in Centrum Capital Limited on February 16, 2026. The pledge was created in favor of Desert River Capital Private Limited, with the company citing "additional pledge due to fluctuation in Market Price" as the reason for this encumbrance.

Current Shareholding Position

Following this additional pledge creation, Business Match Services' encumbered shareholding in Centrum Capital has increased from 8,64,22,632 shares to 8,68,82,632 shares. The company maintains a total holding of 13,44,99,041 equity shares in Centrum Capital, representing 29.27% of the target company's total share capital.

Regulatory Compliance

The disclosure was made in compliance with Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates reporting of encumbrance creation by promoters. Business Match Services formally reported the transaction to both BSE Limited and National Stock Exchange of India Limited on February 23, 2026.

The company, incorporated in 1992 with CIN U74999MH1992PTC066170, operates from its registered office at Turner Road, Bandra West, Mumbai. Centrum Capital Limited's shares are listed on both the Bombay Stock Exchange and National Stock Exchange of India.

Centrum Capital Limited has issued a corporate guarantee of Rs. 35.00 crores to support credit facilities for its subsidiary company. The guarantee was provided in favor of Suryoday Small Finance Bank Limited for facilities availed by Centrum Housing Finance Limited.

Corporate Guarantee Details

The company informed stock exchanges about the guarantee arrangement through a regulatory filing. The guarantee covers credit facilities structured as a term loan with specific tenure requirements.

Subsidiary Relationship

Centrum Capital maintains a controlling stake in the borrowing subsidiary. The parent company holds 56.39% of the equity share capital in Centrum Housing Finance Limited, establishing this as an inter-group transaction.

Due to the company's ownership interest in its subsidiary, Centrum Capital may not necessarily charge commissions for providing corporate guarantees in favor of lenders. This arrangement reflects typical parent-subsidiary financial support structures.

Financial Impact Assessment

The corporate guarantee represents a contingent liability for Centrum Capital Limited. According to the company's assessment, there is presently no direct impact on the listed entity's operations or financial position.

The guarantee arrangement supports the subsidiary's access to banking facilities while maintaining the parent company's oversight of group financing activities. This structure allows the subsidiary to leverage the parent company's financial standing for improved credit terms.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided comprehensive details about the guarantee arrangement, including the nature of the transaction and potential impacts on the listed entity.

Centrum Capital's proactive disclosure ensures transparency regarding material developments that could affect stakeholder interests, maintaining compliance with regulatory requirements for listed companies.