Business Match Services Creates Additional Pledges on Centrum Capital Shares Worth ₹6.40 Lakh

1 min read     Updated on 09 Feb 2026, 09:13 PM
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Reviewed by
Radhika SScanX News Team
Overview

Business Match Services (India) Private Limited has created additional pledges on 6,40,000 equity shares of Centrum Capital Limited with four financial entities on January 30, 2026. The pledge creation, attributed to market price fluctuations, increased the company's total encumbered shareholding from 18.53% to 18.80%. Business Match Services maintains a total holding of 29.27% in Centrum Capital, with the disclosure made under SEBI Takeover Regulations.

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Business Match Services (India) Private Limited has disclosed the creation of additional pledges on equity shares of Centrum Capital Limited under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The regulatory filing, dated February 09, 2026, details pledge transactions that occurred on January 30, 2026, involving multiple financial institutions.

Pledge Creation Details

The company created additional pledges on a total of 6,40,000 equity shares across four separate transactions, all attributed to fluctuations in market price. The pledge creation involved established financial entities in the Indian market.

Entity Name Shares Pledged Percentage
ADITYA BIRLA CAPITAL LIMITED 5,00,000 0.11%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY 30,000 0.01%
NIDHI CASTING AND ALLOYS PRIVATE LIMITED 1,10,000 0.02%
STCI FINANCE LIMITED 6,00,000 0.13%

Shareholding Position

Business Match Services (India) Private Limited maintains a significant stake in Centrum Capital Limited with comprehensive shareholding details disclosed in the regulatory filing.

Parameter Details
Total Shareholding 13,44,99,041 shares (29.27%)
Previously Encumbered Shares 8,51,82,632 shares (18.53%)
Post-Transaction Encumbered Shares 8,64,22,632 shares (18.80%)
Additional Shares Pledged 6,40,000 shares (0.14%)

Regulatory Compliance

The disclosure was made in accordance with Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Business Match Services submitted the required notifications to both BSE Limited and National Stock Exchange of India Limited, where Centrum Capital's shares are listed.

The company, incorporated in 1992 with CIN U74999MH1992PTC066170, operates from its Mumbai office located at Turner Road, Bandra West. The pledge creation represents a routine adjustment in the company's financing arrangements, responding to market price movements as stated in the regulatory filing.

Market Context

The additional pledge creation was specifically attributed to fluctuations in market price, indicating that the transactions were necessitated by changes in the underlying share value of Centrum Capital Limited. This type of adjustment is common in pledge arrangements where the value of collateral must be maintained at specified levels relative to the underlying financing.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+2.72%+7.66%-10.04%-30.96%-12.28%+10.78%

Centrum Capital Corrects RBI Approval Date For CHFL Stake Transfer To February 2026

1 min read     Updated on 04 Feb 2026, 12:29 AM
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Reviewed by
Riya DScanX News Team
Overview

Centrum Capital Limited issued a corrigendum on February 4, 2026, correcting a date error in their RBI approval disclosure. The Reserve Bank of India approval for the change in control of Centrum Housing Finance Limited was received on February 3, 2026, not 2025 as previously stated. This approval enables the stake transfer to Weaver Services Private Limited under the August 2025 Share Purchase Agreement, though transaction closure remains subject to other pending conditions.

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Centrum Capital Limited has issued a corrigendum to correct a significant date error in its earlier disclosure regarding the Reserve Bank of India (RBI) approval for the proposed change in control of Centrum Housing Finance Limited (CHFL). The company clarified that the RBI approval was received on February 3, 2026, not February 3, 2025 as previously stated.

Corrigendum Details

The company filed the correction on February 4, 2026, through letter number CCL/SEC/2025-26/59, addressing the inadvertent error in paragraph 2 of their earlier disclosure (letter no. CCL/SEC/2025-26/58). Company Secretary & Compliance Officer Balakrishna Kumar signed both the original disclosure and the corrigendum, expressing regret for any inconvenience caused to stakeholders.

Parameter: Details
Corrected Approval Date: February 3, 2026
Previously Stated Date: February 3, 2025
Corrigendum Filed: February 4, 2026
Letter Reference: CCL/SEC/2025-26/59
Regulatory Authority: Reserve Bank of India (RBI)

Transaction Background

The RBI approval pertains to the proposed change in control and acquisition of Centrum Capital's stake in CHFL by Weaver Services Private Limited. This development follows the Share Purchase Agreement (SPA) entered into on August 22, 2025, under letter number CCL/SEC/2025-26/36, for the transfer of the company's entire stake in its material subsidiary CHFL.

Pending Conditions

Despite receiving the crucial RBI approval, the closure of the transaction remains subject to the fulfillment of other conditions precedent specified in the Share Purchase Agreement. The company has not disclosed the specific nature or timeline for these remaining conditions that need to be satisfied before the deal completion.

Regulatory Compliance

Both disclosures were filed with the National Stock Exchange of India Limited (Symbol: CENTRUM) and BSE Limited (Scrip Code: 501150) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The corrected information ensures accurate record-keeping and transparency for all stakeholders involved in this significant subsidiary divestment process.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+2.72%+7.66%-10.04%-30.96%-12.28%+10.78%

More News on Centrum Capital

1 Year Returns:-12.28%