Business Match Services Pledges Additional Centrum Capital Shares to Multiple Lenders

2 min read     Updated on 30 Jan 2026, 12:52 PM
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Reviewed by
Naman SScanX News Team
Overview

Business Match Services (India) Private Limited has pledged additional equity shares in Centrum Capital Limited to multiple lenders between 19.01.2026 and 29.01.2026, increasing total pledged shares from 16.46% to 18.77% of share capital. The pledges were made to various financial institutions including STCI Finance Limited, Aditya Birla Capital Limited, and others, citing market price fluctuations as the reason. One release transaction of 10,80,701 shares to Lloyds Metals and Energy Limited was also recorded during this period.

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Business Match Services (India) Private Limited has disclosed a series of pledge transactions involving equity shares of Centrum Capital Limited under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated 29.01.2026, reveals multiple pledge creations and one release transaction executed between 19.01.2026 and 29.01.2026.

Shareholding Position

Business Match Services holds 13,44,99,041 equity shares in Centrum Capital Limited, representing 29.27% of the total share capital. The company has been progressively pledging portions of its shareholding to various financial institutions and trading companies.

Pledge Transaction Details

The pledge transactions occurred across multiple dates, with all creations attributed to "additional pledge due to fluctuation in Market Price." The following table summarizes the key pledge activities:

Date Type Shares Pledged Percentage Beneficiary Entity Cumulative Pledged (%)
19.01.2026 Creation 9,00,000 0.20% STCI Finance Limited 16.66%
19.01.2026 Creation 5,00,000 0.11% Aditya Birla Capital Limited 16.77%
19.01.2026 Creation 2,50,000 0.05% Carwin Trading Private Limited 16.82%
20.01.2026 Creation 5,00,000 0.11% MNSCOL Limited 17.15%
22.01.2026 Creation 12,00,000 0.26% STCI Finance Limited 17.76%
27.01.2026 Creation 10,00,000 0.22% KR Chocksey Financial Services 17.97%

Major Lenders and Financial Institutions

The pledged shares have been distributed among several financial institutions and private companies:

  • STCI Finance Limited: Received multiple tranches totaling significant pledge amounts
  • Aditya Birla Capital Limited: 5,00,000 shares pledged
  • KR Chocksey Financial Services Private Limited: Multiple pledge transactions
  • Merlin Projects Limited: Various pledge amounts across different dates
  • Carwin Trading Private Limited: Multiple pledge creations
  • MNSCOL Limited and Minsoil Limited: Separate pledge transactions
  • Cholamandalam Investment and Finance Company Limited: 2,00,000 shares pledged on 29.01.2026

Release Transaction

Amid the series of pledge creations, one significant release was recorded on 29.01.2026. Business Match Services released 10,80,701 shares (0.24% of total share capital) pledged to Lloyds Metals and Energy Limited, citing "release due to part repayment of loan" as the reason.

Final Pledge Position

As of 29.01.2026, Business Match Services has pledged a total of 8,62,63,333 equity shares of Centrum Capital Limited, representing 18.77% of the company's total share capital. This represents an increase from the initial pledged position of 7,56,53,333 shares (16.46%) at the beginning of the reporting period.

Regulatory Compliance

The disclosure was made in compliance with Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was communicated to both BSE Limited and National Stock Exchange of India Limited, where Centrum Capital Limited's shares are listed.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+2.88%-4.75%-12.80%-39.67%-12.23%+1.29%

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

1 min read     Updated on 13 Dec 2025, 12:12 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
+2.88%-4.75%-12.80%-39.67%-12.23%+1.29%

More News on Centrum Capital

1 Year Returns:-12.23%