Business Match Services Pledges Additional Centrum Capital Shares for Fresh Loans
Business Match Services, a significant shareholder of Centrum Capital, has increased its pledged shareholding to secure fresh loans. The company pledged 22,00,000 shares to Metharani Bhawnani, 35,00,000 shares to Minsol Limited, and 6,00,000 shares to Ashok KR Choicsey Financial Services. These transactions have raised Business Match Services' total encumbered shareholding to 7.48 crore shares, representing 18.00% of Centrum Capital's total share capital. The pledges were reported in compliance with SEBI regulations.

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Centrum Capital , a company listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), has seen an increase in pledged shareholding by its significant shareholder, Business Match Services (India) Private Limited. This move is part of Business Match Services' strategy to secure fresh loans, as per recent filings.
Pledge Details
Business Match Services has created new pledges on its equity shares in Centrum Capital. The details of the pledges are as follows:
Date | Shares Pledged | % of Total Capital | Pledged To | Purpose |
---|---|---|---|---|
August 1 | 22,00,000 | 0.53% | Metharani Bhawnani | Fresh loan |
July 30 | 35,00,000 | 0.84% | Minsol Limited | Fresh loan |
July 30 | 6,00,000 | 0.14% | Ashok KR Choicsey Financial Services | Fresh loan |
Impact on Shareholding
Following these transactions, Business Match Services' total encumbered shareholding in Centrum Capital has increased to 7.48 crore shares, representing 18.00% of the total share capital. This is a significant portion of the company's total holding of 13.44 crore shares, which accounts for 32.33% of Centrum Capital's total share capital.
Regulatory Compliance
In compliance with the Securities and Exchange Board of India (SEBI) regulations, Business Match Services has reported these transactions under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has submitted the required disclosures to both the stock exchanges and Centrum Capital.
About Business Match Services
Business Match Services (India) Private Limited, registered with CIN: U74999MH1992PTC066170 and based in Mumbai, is a significant shareholder in Centrum Capital. Its financial decisions and share pledges can have important implications for the company and its investors.
These recent pledges highlight the ongoing financial activities of major shareholders in Centrum Capital and may be of interest to market participants and investors tracking the company's ownership structure and related party transactions.
Historical Stock Returns for Centrum Capital
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.67% | -7.25% | +5.91% | +19.85% | -6.97% | +161.40% |