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 , 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:

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:

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.