Business Match Services Creates Additional Pledge on Centrum Capital Shares

1 min read     Updated on 27 Oct 2025, 04:04 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Business Match Services (India) Private Limited has created an additional pledge on 7,92,64,500 equity shares of Centrum Capital Limited, representing 17.25% of the total share capital. The pledge was made in favor of Aditya Birla Capital Limited on October 20, 2025. This action increased Business Match Services' encumbered shareholding from 0.04% to 17.29% of Centrum Capital's total share capital. Separately, Centrum Capital has revised its e-voting period for a postal ballot, ending it on October 27, 2025, to comply with regulatory requirements.

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*this image is generated using AI for illustrative purposes only.

Centrum Capital Limited has seen an additional pledge created on its shares by Business Match Services (India) Private Limited, according to recent market developments. This move comes amidst fluctuations in market prices, highlighting the dynamic nature of share pledging in the financial sector.

Pledge Details

Aspect Details
Pledging Entity Business Match Services (India) Private Limited
Shares Pledged 7,92,64,500 equity shares
Pledge Beneficiary Aditya Birla Capital Limited
Date of Pledge October 20, 2025
Percentage of Total Share Capital 17.25%

Impact on Shareholding

The additional pledge has resulted in a significant change in Business Match Services' encumbered shareholding in Centrum Capital:

Aspect Before Pledge After Pledge
Total Encumbered Shares 2,00,000 7,94,64,500
Percentage of Total Share Capital 0.04% 17.29%

Business Match Services continues to hold a substantial stake in Centrum Capital, with a total of 13,44,99,041 shares, representing 29.27% of the company's total share capital.

Market Context

The creation of this additional pledge underscores the ongoing dynamics in the financial markets, where large shareholders may use their holdings as collateral for various financial arrangements. Such moves can be influenced by a range of factors, including market conditions, liquidity needs, or strategic financial decisions.

Company Update

In a separate development, Centrum Capital Limited recently announced changes to its e-voting period for a postal ballot. According to a disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has revised the end date of the e-voting period from October 28, 2025, to October 27, 2025. This adjustment ensures compliance with the Companies Act, 2013, and its associated rules, reducing the total voting period from 31 days to 30 days.

The postal ballot seeks approval from Centrum Capital's members on resolutions outlined in the notice dated September 27, 2025. If passed by the requisite majority, these resolutions will be deemed approved on October 27, 2025, the last day of e-voting.

This pledge transaction and the ongoing corporate actions reflect the active management and governance processes at Centrum Capital Limited, as the company navigates market fluctuations and regulatory requirements.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+0.54%+1.45%-1.35%+32.92%+5.29%+110.85%
Centrum Capital
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Businessmatch Services Adjusts Pledges on Centrum Capital Shares

1 min read     Updated on 14 Oct 2025, 10:53 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Businessmatch Services, a major shareholder of Centrum Capital, has made multiple pledge transactions. From October 6-8, 2025, it created additional pledges of 14.50 lakh shares (0.30% of total share capital) distributed among four entities. On October 10, 2025, it released 22.99 lakh shares (0.50% of total share capital) from pledge with Tata Capital Limited due to partial loan repayment. Post-transactions, Businessmatch Services holds 29.27% of Centrum Capital's total shares, with 17.25% pledged.

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*this image is generated using AI for illustrative purposes only.

Centrum Capital , a company with Businessmatch Services (India) Private Limited as a significant shareholder, has reported multiple pledge transactions on its equity shares, according to recent filings with stock exchanges.

Pledge Creation

Between October 6-8, 2025, Businessmatch Services created additional pledges totaling 14.50 lakh shares, representing 0.30% of Centrum Capital's total share capital. The pledges were distributed among four entities:

Entity Shares Pledged % of Total Share Capital
Aditya Birla Capital Limited 7,00,000 0.15%
Minsol Limited 5,00,000 0.11%
Merlin Projects Limited 2,50,000 0.05%
Carwin Trading Private Limited 2,00,000 0.04%

The company cited market price fluctuations as the reason for these additional pledges.

Pledge Release

Subsequently, on October 10, 2025, Businessmatch Services released 22.99 lakh shares (0.50% of total share capital) from pledge with Tata Capital Limited. This release was attributed to partial loan repayment.

Current Holding Status

Post these transactions, Businessmatch Services' position in Centrum Capital stands as follows:

Description Shares % of Total Share Capital
Total Holding 13,44,99,041 29.27%
Shares Pledged 7,92,64,500 17.25%

These pledge adjustments reflect the dynamic nature of share pledging in response to market conditions and financial obligations. Investors in Centrum Capital should note these changes in promoter pledging as they may have implications for the stock's performance and stability.

The company has duly reported these transactions in compliance with SEBI regulations, demonstrating transparency in its dealings with pledged shares.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+0.54%+1.45%-1.35%+32.92%+5.29%+110.85%
Centrum Capital
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