Businessmatch Services Adjusts Pledges on Centrum Capital Shares

1 min read     Updated on 14 Oct 2025, 10:53 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Businessmatch Services, a major shareholder of Centrum Capital, has made multiple pledge transactions. From October 6-8, 2025, it created additional pledges of 14.50 lakh shares (0.30% of total share capital) distributed among four entities. On October 10, 2025, it released 22.99 lakh shares (0.50% of total share capital) from pledge with Tata Capital Limited due to partial loan repayment. Post-transactions, Businessmatch Services holds 29.27% of Centrum Capital's total shares, with 17.25% pledged.

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

Centrum Capital , a company with Businessmatch Services (India) Private Limited as a significant shareholder, has reported multiple pledge transactions on its equity shares, according to recent filings with stock exchanges.

Pledge Creation

Between October 6-8, 2025, Businessmatch Services created additional pledges totaling 14.50 lakh shares, representing 0.30% of Centrum Capital's total share capital. The pledges were distributed among four entities:

Entity Shares Pledged % of Total Share Capital
Aditya Birla Capital Limited 7,00,000 0.15%
Minsol Limited 5,00,000 0.11%
Merlin Projects Limited 2,50,000 0.05%
Carwin Trading Private Limited 2,00,000 0.04%

The company cited market price fluctuations as the reason for these additional pledges.

Pledge Release

Subsequently, on October 10, 2025, Businessmatch Services released 22.99 lakh shares (0.50% of total share capital) from pledge with Tata Capital Limited. This release was attributed to partial loan repayment.

Current Holding Status

Post these transactions, Businessmatch Services' position in Centrum Capital stands as follows:

Description Shares % of Total Share Capital
Total Holding 13,44,99,041 29.27%
Shares Pledged 7,92,64,500 17.25%

These pledge adjustments reflect the dynamic nature of share pledging in response to market conditions and financial obligations. Investors in Centrum Capital should note these changes in promoter pledging as they may have implications for the stock's performance and stability.

The company has duly reported these transactions in compliance with SEBI regulations, demonstrating transparency in its dealings with pledged shares.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+0.03%-2.17%-11.16%+32.59%-7.80%+102.28%
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Centrum Capital Approves Re-appointment of R. A. Sankara Narayanan as Independent Director

1 min read     Updated on 26 Sept 2025, 09:57 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Centrum Capital Limited has announced the re-appointment of R. A. Sankara Narayanan as an Independent Director for a second five-year term from April 3, 2026, to April 2, 2031, subject to shareholder approval. Narayanan, with extensive experience in banking, including roles as MD and CEO of Canara Bank and Vijaya Bank, brings valuable expertise to the company. Centrum Capital also scheduled a board meeting for November 7, 2025, to review financial results for Q2 and H1 ending September 30, 2025.

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

Centrum Capital Limited, a prominent financial services company, has announced the re-appointment of Mr. R. A. Sankara Narayanan as an Independent Director for a second term. This decision, approved by the company's Board of Directors, marks a significant move in strengthening its leadership team.

Key Details of the Re-appointment

  • Term: The re-appointment is for a second five-year term, spanning from April 3, 2026, to April 2, 2031.
  • Approval Process: While approved by the Board, the re-appointment is subject to shareholder approval.
  • Position Status: Mr. Narayanan's office will not be liable to retire by rotation, ensuring continuity in his role.

Mr. R. A. Sankara Narayanan's Profile

Mr. Narayanan brings a wealth of experience and expertise to Centrum Capital:

  • Educational Background: He holds an MBA in Finance, CAIIB, and various other certifications including PGDPM, PGDFM, DTIRM, DCP, and BRM.
  • Professional Experience:
    • Served as Managing Director and CEO of Canara Bank until January 2020.
    • Currently on the Board of South Indian Bank Limited since October 2020.
    • Previously held the position of Executive Director at Bank of India from May 2015.
    • Appointed as Managing Director and CEO of Vijaya Bank in September 2017.

Regulatory Compliance

The company has confirmed that Mr. Narayanan is not related to other Directors of Centrum Capital. Furthermore, he is not debarred from holding the position of director by any regulatory authority, ensuring compliance with corporate governance standards.

Company Disclosure

Centrum Capital Limited made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's commitment to transparency is evident in its prompt disclosure to the National Stock Exchange of India Limited and BSE Limited.

Upcoming Financial Results

In a separate announcement, Centrum Capital has scheduled a Board of Directors meeting for November 7, 2025, to consider and approve the Unaudited Financial Results for the quarter and half-year ending September 30, 2025. The company has also declared a trading window closure from October 1, 2025, to November 9, 2025, in line with its Code of Conduct for designated persons.

This re-appointment and the upcoming financial review highlight Centrum Capital's focus on maintaining strong corporate governance and financial transparency, crucial elements for investor confidence in the financial services sector.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+0.03%-2.17%-11.16%+32.59%-7.80%+102.28%
Centrum Capital
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