Centrum Capital Limited has secured a crucial regulatory milestone in its subsidiary divestment process, receiving approval from the Reserve Bank of India (RBI) for the proposed change in control of Centrum Housing Finance Limited (CHFL).

RBI Approval Details

The company announced that CHFL received the RBI approval on February 3, 2025, for the proposed change in control and acquisition of Centrum Capital's stake by Weaver Services Private Limited. This regulatory clearance represents a significant step forward in the transaction process that was initiated in August 2025.

Transaction Background

The regulatory approval follows the Share Purchase Agreement (SPA) that Centrum Capital entered into on August 22, 2025. Under this agreement, the company committed to transfer its entire stake in its material subsidiary CHFL to Weaver Services Private Limited. The transaction was structured subject to requisite statutory, regulatory, and corporate approvals, along with certain conditions precedent.

Pending Conditions

While the RBI approval marks a critical regulatory milestone, the company has indicated that the closure of the transaction remains subject to the fulfillment of other conditions precedent specified in the Share Purchase Agreement. The company has not disclosed the specific nature or timeline for these remaining conditions.

Regulatory Compliance

Centrum Capital communicated this development to both the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Company Secretary & Compliance Officer Balakrishna Kumar on February 4, 2026.

This transaction represents Centrum Capital's strategic move to divest its housing finance subsidiary, with the RBI approval bringing the deal significantly closer to completion.

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:

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.