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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*this image is generated using AI for illustrative purposes only.

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
+12.07%+1.65%-12.02%-36.78%-2.81%-20.00%

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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*this image is generated using AI for illustrative purposes only.

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%

More News on Centrum Capital

1 Year Returns:-2.81%