Centrum Capital has reported that Business Match Services (India) Private Limited has released a pledge on 30 lakh equity shares of the company, according to a recent disclosure to the stock exchanges. The transaction took place on July 24, 2025, and was reported under SEBI's Substantial Acquisition of Shares and Takeovers Regulations.

Pledge Release Details

The pledge release was executed in favor of STO Finance Limited, with Business Match Services citing "fluctuation in market price" as the reason for the action. This move has resulted in a significant change in Business Match Services' encumbered shareholding in Centrum Capital.

Impact on Shareholding

Following the release of the pledge, Business Match Services' total encumbered shareholding in Centrum Capital has decreased to 7.07 crore shares. This represents 17.02% of Centrum Capital's total share capital, down from the previous 17.74%.

Overall Shareholding Position

It's worth noting that Business Match Services (India) Private Limited continues to hold a substantial stake in Centrum Capital:

Regulatory Compliance

The company has duly reported this transaction to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), in compliance with SEBI regulations. The disclosure was made on July 25, 2025, ensuring transparency in the company's shareholding structure.

This pledge release demonstrates the dynamic nature of shareholding arrangements in listed companies and highlights the importance of monitoring such changes for investors and market participants.

Centrum Capital Limited , a prominent financial services company, has announced a significant move to bolster its financial position. The company's Board of Directors has approved a fundraising initiative of ₹172.56 crore through a preferential allotment of equity shares.

Key Details of the Fundraising

Allotment Structure

The preferential allotment will be made to 55 non-promoter allottees, indicating a diverse range of investors showing interest in Centrum Capital. Some of the major allottees include:

1. Negen Undiscovered Value Fund: 72,71,669 shares
2. Prisach Consultants LLP: 58,17,335 shares
3. LC Pharos Multi Strategy Fund VCC: 43,63,001 shares
4. Neo Special Credit Opportunities Fund: 43,63,001 shares
5. Kitara India Growth Fund: 37,81,268 shares

Regulatory Compliance

The fundraising initiative is subject to shareholder approval and will be conducted in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as well as other applicable laws.

Implications and Next Steps

This substantial fundraise could provide Centrum Capital with additional capital to support its growth strategies, strengthen its balance sheet, or pursue new opportunities in the financial services sector. The company will need to secure shareholder approval before proceeding with the share allotment.

The Board meeting where this decision was made lasted for 8 minutes, from 5:00 PM to 5:08 PM, suggesting a well-prepared and decisive approach to this fundraising initiative.

Investors and market watchers will likely keep a close eye on how Centrum Capital utilizes these funds and the impact on its future financial performance and strategic direction.