Business Match Services Creates Additional Pledges on Centrum Capital Shares

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

Business Match Services (India) Private Limited has created additional pledges on 2.5 lakh equity shares of Centrum Capital Limited due to market price fluctuations. The pledges were created in favor of Nidhi Castings and Alloys Private Limited and STCI Finance Limited, bringing the total encumbered shareholding to 7.57 crore shares representing 16.46% of the company's share capital.

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Centrum Capital Limited has witnessed additional pledge creation on its shares by Business Match Services (India) Private Limited, as disclosed under SEBI Takeover Regulations. The company filed the disclosure on January 5, 2026, detailing two separate pledge creation events that occurred on December 30, 2025.

Latest Pledge Creation Details

Business Match Services created additional pledges on its Centrum Capital holdings due to fluctuations in market prices:

Transaction Details First Pledge Second Pledge
Shares Pledged 50,000 equity shares 2,00,000 equity shares
Pledge Beneficiary Nidhi Castings and Alloys Private Limited STCI Finance Limited
Date of Pledge December 30, 2025 December 30, 2025
Reason Additional pledge due to market price fluctuation Additional pledge due to market price fluctuation

Progressive Impact on Shareholding

The sequential pledge creation has progressively increased Business Match Services' encumbered shareholding:

Stage Encumbered Shares Percentage of Share Capital
Initial Position 7,54,03,333 shares 16.41%
After First Pledge 7,54,53,333 shares 16.42%
After Second Pledge 7,56,53,333 shares 16.46%

Current Shareholding Position

Business Match Services maintains its substantial stake in Centrum Capital:

Parameter Details
Total Shareholding 13,44,99,041 shares
Percentage of Share Capital 29.27%
Total Encumbered Shares 7,56,53,333 shares
Encumbered Percentage 16.46%

Regulatory Compliance

The disclosure was made under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Business Match Services communicated the pledge creation details to both BSE Limited and National Stock Exchange of India Limited, as well as directly to Centrum Capital Limited.

The pledge creation reflects ongoing market dynamics where promoters may need to create additional encumbrances on their holdings due to market price fluctuations, ensuring compliance with existing financing arrangements.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-0.97%-5.36%-6.65%-22.97%-14.32%+24.29%
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 SScanX 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
-0.97%-5.36%-6.65%-22.97%-14.32%+24.29%
Centrum Capital
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