Centrum Capital Issues Rs. 35.00 Crore Corporate Guarantee for Subsidiary's Credit Facilities
Centrum Capital Limited has issued a Rs. 35.00 crore corporate guarantee to Suryoday Small Finance Bank for credit facilities availed by its subsidiary Centrum Housing Finance Limited. The guarantee covers a 60-month term loan, with Centrum Capital holding 56.39% stake in the borrowing subsidiary. The arrangement represents a contingent liability with no immediate operational impact on the parent company.

*this image is generated using AI for illustrative purposes only.
Centrum Capital Limited has issued a corporate guarantee of Rs. 35.00 crores to support credit facilities for its subsidiary company. The guarantee was provided in favor of Suryoday Small Finance Bank Limited for facilities availed by Centrum Housing Finance Limited.
Corporate Guarantee Details
The company informed stock exchanges about the guarantee arrangement through a regulatory filing. The guarantee covers credit facilities structured as a term loan with specific tenure requirements.
| Parameter: | Details |
|---|---|
| Guarantee Amount: | Rs. 35.00 crores |
| Beneficiary Bank: | Suryoday Small Finance Bank Limited |
| Borrowing Entity: | Centrum Housing Finance Limited |
| Loan Type: | Term Loan |
| Tenure: | 60 months |
Subsidiary Relationship
Centrum Capital maintains a controlling stake in the borrowing subsidiary. The parent company holds 56.39% of the equity share capital in Centrum Housing Finance Limited, establishing this as an inter-group transaction.
Due to the company's ownership interest in its subsidiary, Centrum Capital may not necessarily charge commissions for providing corporate guarantees in favor of lenders. This arrangement reflects typical parent-subsidiary financial support structures.
Financial Impact Assessment
The corporate guarantee represents a contingent liability for Centrum Capital Limited. According to the company's assessment, there is presently no direct impact on the listed entity's operations or financial position.
The guarantee arrangement supports the subsidiary's access to banking facilities while maintaining the parent company's oversight of group financing activities. This structure allows the subsidiary to leverage the parent company's financial standing for improved credit terms.
Regulatory Compliance
The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided comprehensive details about the guarantee arrangement, including the nature of the transaction and potential impacts on the listed entity.
Centrum Capital's proactive disclosure ensures transparency regarding material developments that could affect stakeholder interests, maintaining compliance with regulatory requirements for listed companies.
Historical Stock Returns for Centrum Capital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.16% | -10.09% | -8.59% | -35.90% | -9.23% | +3.90% |


































