Business Match Services Creates Additional Pledges on Centrum Capital Shares

1 min read     Updated on 05 Jan 2026, 03:47 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
+12.07%+1.65%-12.02%-36.78%-2.81%-20.00%

Centrum Capital Issues ₹20 Crore Corporate Guarantee for Subsidiary's Debenture Issuance

1 min read     Updated on 13 Dec 2025, 12:13 PM
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Reviewed by
Suketu GScanX News Team
Overview

Centrum Capital Limited has provided a corporate guarantee of ₹20 crores to Beacon Trusteeship Limited for non-convertible debentures to be issued by its material subsidiary, Centrum Wealth Limited. The guarantee is for a 13-month term and supports debentures up to ₹20 crores. This action complies with SEBI regulations and represents a contingent liability for Centrum Capital, with no immediate operational impact.

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Centrum Capital Limited has issued a corporate guarantee worth ₹20 crores in favor of Beacon Trusteeship Limited, the company announced. The guarantee supports non-convertible debentures aggregating up to ₹20 crores proposed to be issued by Centrum Wealth Limited, a material subsidiary of the company.

Corporate Guarantee Details

The corporate guarantee has been structured with specific parameters to support the subsidiary's debenture issuance program. Key details of the guarantee arrangement are outlined below:

Parameter Details
Guarantee Amount ₹20.00 crores
Beneficiary Beacon Trusteeship Limited
Purpose Non-convertible debentures
Issuing Entity Centrum Wealth Limited
Term 13 months
Relationship Material step-down subsidiary

Regulatory Compliance and Impact

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

According to the company's assessment, the issuance of this corporate guarantee represents a contingent liability with no immediate impact on Centrum Capital's operations. The guarantee arrangement does not involve any interest from promoters, promoter groups, or group companies in the transaction.

Corporate Structure Context

Centrum Wealth Limited, the beneficiary subsidiary for which the guarantee has been issued, operates as a material step-down subsidiary of Centrum Capital Limited. The guarantee facility is designed to support the subsidiary's fundraising activities through the debenture route, providing additional security to investors and trustees.

The corporate guarantee mechanism allows the subsidiary to access debt markets with enhanced credibility while maintaining the parent company's oversight of major financial commitments. This structure is commonly employed by financial services companies to support their subsidiaries' capital requirements while maintaining appropriate risk management frameworks.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+12.07%+1.65%-12.02%-36.78%-2.81%-20.00%

More News on Centrum Capital

1 Year Returns:-2.81%