Centrum Capital has announced the results of its recent postal ballot, revealing overwhelming shareholder support for three significant resolutions. The voting, which concluded on October 27, 2025, saw a participation rate of 55.73% from the company's 37,738 shareholders.

Sale of Material Subsidiary Approved

The most notable resolution, which garnered 99.63% approval, was for the sale of Centrum Housing Finance Limited, a material subsidiary of Centrum Capital. This strategic move could potentially reshape the company's business structure and focus.

Foreign Ownership Cap Set

Shareholders also gave their nod to a cap on aggregate foreign ownership, with 99.66% voting in favor. The resolution sets the maximum foreign ownership limit at 49.00%, a measure that could have significant implications for the company's investor base and capital structure.

Director Reappointment Confirmed

The third resolution, which passed with 99.63% approval, was for the reappointment of Mr. R. A. Sankara Narayanan as an Independent Director of the company. This vote of confidence in the company's leadership suggests continuity in Centrum Capital's governance.

Voting Details

The following table summarizes the voting results for each resolution:

The postal ballot was conducted entirely through remote e-voting, which was open from September 28 to October 27, 2025. The process was overseen by Mr. Umesh P. Maskeri, a Practicing Company Secretary, who served as the scrutinizer for the ballot.

Centrum Capital's Company Secretary, Balakrishna Kumar, confirmed that all three resolutions passed with the requisite majority. The voting results and scrutinizer's report have been made available on the company's website and the website of Central Depository Services (India) Limited.

These approvals pave the way for Centrum Capital to proceed with its strategic plans, potentially impacting its operational structure and investor relations in the coming months. Stakeholders will likely be watching closely to see how these decisions unfold and affect the company's future direction.

Centrum Capital Limited has witnessed additional pledge creation on its shares by Business Match Services (India) Private Limited, as disclosed under SEBI Takeover Regulations. The company filed the disclosure on January 5, 2026, detailing two separate pledge creation events that occurred on December 30, 2025.

Latest Pledge Creation Details

Business Match Services created additional pledges on its Centrum Capital holdings due to fluctuations in market prices:

Progressive Impact on Shareholding

The sequential pledge creation has progressively increased Business Match Services' encumbered shareholding:

Current Shareholding Position

Business Match Services maintains its substantial stake in Centrum Capital:

Regulatory Compliance

The disclosure was made under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Business Match Services communicated the pledge creation details to both BSE Limited and National Stock Exchange of India Limited, as well as directly to Centrum Capital Limited.

The pledge creation reflects ongoing market dynamics where promoters may need to create additional encumbrances on their holdings due to market price fluctuations, ensuring compliance with existing financing arrangements.