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 seen an additional pledge created on its shares by Business Match Services (India) Private Limited, according to recent market developments. This move comes amidst fluctuations in market prices, highlighting the dynamic nature of share pledging in the financial sector.

Pledge Details

Impact on Shareholding

The additional pledge has resulted in a significant change in Business Match Services' encumbered shareholding in Centrum Capital:

Business Match Services continues to hold a substantial stake in Centrum Capital, with a total of 13,44,99,041 shares, representing 29.27% of the company's total share capital.

Market Context

The creation of this additional pledge underscores the ongoing dynamics in the financial markets, where large shareholders may use their holdings as collateral for various financial arrangements. Such moves can be influenced by a range of factors, including market conditions, liquidity needs, or strategic financial decisions.

Company Update

In a separate development, Centrum Capital Limited recently announced changes to its e-voting period for a postal ballot. According to a disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has revised the end date of the e-voting period from October 28, 2025, to October 27, 2025. This adjustment ensures compliance with the Companies Act, 2013, and its associated rules, reducing the total voting period from 31 days to 30 days.

The postal ballot seeks approval from Centrum Capital's members on resolutions outlined in the notice dated September 27, 2025. If passed by the requisite majority, these resolutions will be deemed approved on October 27, 2025, the last day of e-voting.

This pledge transaction and the ongoing corporate actions reflect the active management and governance processes at Centrum Capital Limited, as the company navigates market fluctuations and regulatory requirements.