Centrum Capital Corrects RBI Approval Date For CHFL Stake Transfer To February 2026

1 min read     Updated on 04 Feb 2026, 12:29 AM
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Reviewed by
Riya DScanX News Team
Overview

Centrum Capital Limited issued a corrigendum on February 4, 2026, correcting a date error in their RBI approval disclosure. The Reserve Bank of India approval for the change in control of Centrum Housing Finance Limited was received on February 3, 2026, not 2025 as previously stated. This approval enables the stake transfer to Weaver Services Private Limited under the August 2025 Share Purchase Agreement, though transaction closure remains subject to other pending conditions.

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

Centrum Capital Limited has issued a corrigendum to correct a significant date error in its earlier disclosure regarding the Reserve Bank of India (RBI) approval for the proposed change in control of Centrum Housing Finance Limited (CHFL). The company clarified that the RBI approval was received on February 3, 2026, not February 3, 2025 as previously stated.

Corrigendum Details

The company filed the correction on February 4, 2026, through letter number CCL/SEC/2025-26/59, addressing the inadvertent error in paragraph 2 of their earlier disclosure (letter no. CCL/SEC/2025-26/58). Company Secretary & Compliance Officer Balakrishna Kumar signed both the original disclosure and the corrigendum, expressing regret for any inconvenience caused to stakeholders.

Parameter: Details
Corrected Approval Date: February 3, 2026
Previously Stated Date: February 3, 2025
Corrigendum Filed: February 4, 2026
Letter Reference: CCL/SEC/2025-26/59
Regulatory Authority: Reserve Bank of India (RBI)

Transaction Background

The RBI approval pertains to the proposed change in control and acquisition of Centrum Capital's stake in CHFL by Weaver Services Private Limited. This development follows the Share Purchase Agreement (SPA) entered into on August 22, 2025, under letter number CCL/SEC/2025-26/36, for the transfer of the company's entire stake in its material subsidiary CHFL.

Pending Conditions

Despite receiving the crucial RBI approval, 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 that need to be satisfied before the deal completion.

Regulatory Compliance

Both disclosures were filed with the National Stock Exchange of India Limited (Symbol: CENTRUM) and BSE Limited (Scrip Code: 501150) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The corrected information ensures accurate record-keeping and transparency for all stakeholders involved in this significant subsidiary divestment process.

Historical Stock Returns for Centrum Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-3.20%-5.74%-1.85%-35.33%-12.79%+3.47%

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
-3.20%-5.74%-1.85%-35.33%-12.79%+3.47%

More News on Centrum Capital

1 Year Returns:-12.79%