Centrum Capital Limited

Monitoring Agency Report Overview

Centrum Capital Ltd has submitted the fourth Monitoring Agency Report prepared by Brickwork Ratings India Private Limited for the quarter ended June 30, 2026. The report assesses the utilization of proceeds from the preferential issue of warrants, which was launched on August 01, 2025.

Financial Summary of Proceeds

The company's total issue size is Rs 199.99 crore. As of June 30, 2026, the company has successfully received Rs 108.29 crore. The remaining Rs 91.70 crore was not yet received by the end of the quarter.

Utilization of Funds

The following table summarizes the status of the utilization of proceeds as of June 30, 2026:

Note: Utilized amounts at the end of the quarter equal the amounts at the beginning of the quarter, indicating no further utilization occurred during the quarter ended June 30, 2026.

Monitoring Agency Findings

Brickwork Ratings has confirmed the following:

• No deviation: There are no deviations from the objects of the issue as disclosed in the offer document.
• Implementation Status: The implementation of all objects—including debt repayment and subsidiary funding—is ongoing and remains within the original timeline of 12 months from the receipt of funds.
• General Corporate Purpose: No funds were utilized for general corporate purposes during the quarter ended June 30, 2026.

Investor Takeaway

The filing confirms that the capital raised through the preferential issue of warrants is being deployed in line with the originally stated objectives. There are no deviations in usage or material concerns reported by the monitoring agency, indicating operational stability regarding the utilization of these funds.

Key Highlights

Financial and Audit Appointments

Shareholders adopted the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. Additionally, M/s. Sharp and Tannan, Chartered Accountants, were re-appointed as the statutory auditors of the company for a term of 5 consecutive years.

Board and Governance Updates

The meeting confirmed changes to the board composition. Shareholders approved the following appointments:

• Mr. Sandip Ghose: Appointed as an Independent Director.
• Mr. Manmohan Shetty: Appointed as a Non-Executive, Non-Independent Director.

Fundraising Authorization

A key development from the meeting is the approval of a Special Resolution (Item No. 4) authorizing the company to raise funds through the issuance of securities, subject to necessary regulatory and statutory approvals. This indicates the company's potential to infuse capital or expand operations in the near future.

Related Party Transactions

Shareholders approved material related party transactions (Items 5, 6, and 7). These resolutions pertain to extending corporate guarantees and granting or availing debt to and from subsidiaries, specifically mentioning Centrum Retail Services Limited (CRSL) and Centrum Financial Services Limited (CFSL). The company noted that votes cast by related parties were excluded from the voting process for these specific resolutions to ensure regulatory compliance.

Voting Overview

All items of business, ranging from the adoption of accounts to director appointments and transaction approvals, were passed with the requisite majority through remote e-voting and e-voting conducted during the AGM. The total number of shares held by shareholders as of the cut-off date was 486,829,194.

What This Means for Investors

The 48th AGM outcome suggests a stable corporate environment with strong shareholder backing for the management's agenda. The approval for fundraising provides the company with flexibility for future capital management. However, the approval of various material related party transactions highlights a high level of inter-group financing, which investors should track for ongoing risk assessment and capital allocation efficiency.

Investor Takeaway

The company successfully secured approval for its key strategic priorities, including fundraising, board composition changes, and subsidiary-related debt and guarantee arrangements. For investors, the focus remains on how the company will utilize the authorized fundraising capability and the impact of its internal group financial dependencies on overall corporate health. The continuity in statutory auditors and strong majority support across all resolutions indicate alignment between the board and shareholders.

Key Highlights

Important Figures Used

Financial and Business Approvals

Shareholders approved the following key items at the 48th AGM:

• Financial Statements: Adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.
• Auditor Re-appointment: Re-appointment of M/s. Sharp and Tannan, Chartered Accountants, as the Statutory Auditors of the Company for a term of five consecutive years.
• Fundraising: Approval for raising funds through the issue of securities, subject to necessary regulatory and statutory approvals.

Board and Governance Changes

The AGM approved significant changes to the Board of Directors:

• Independent Director: Appointment of Mr. Sandip Ghose as an Independent Director.
• Non-Executive Director: Appointment of Mr. Manmohan Shetty as a Non-Executive, Non-Independent Director.

Related Party Transactions

The company received shareholder approval for several material related party transactions, which include:

• Corporate guarantees and debt arrangements involving subsidiaries of the company.
• Debt arrangements between Centrum Retail Services Limited (CRSL) and subsidiaries.
• Debt arrangements between Centrum Financial Services Limited (CFSL) and subsidiaries.

Investor Takeaway

All 10 items on the AGM agenda were passed by the shareholders, indicating high levels of consensus on the company's financial results, governance, and future growth strategy. The approval of fundraising and related party debt transactions provides the company with continued flexibility for capital management across its group entities. Investors should note the stable continuity in auditing with the reappointment of the current firm and the strengthening of the Board through the new director appointments.

Key Highlights

Important Figures Used

Corporate Action Details

Shareholders approved the special resolution for raising funds through the issue of securities (Item 4). The re-appointment of M/s. Sharp and Tannan as Statutory Auditors was approved for a 5-year term. The board also saw changes with the appointment of Mr. Sandip Ghose as an Independent Director and Mr. Manmohan Shetty as a Non-Executive, Non-Independent Director.

Related Party Transactions

The company received shareholder approval for material related party transactions (Items 5, 6, and 7). These involve corporate guarantees and debt arrangements between the company and its subsidiaries, including Centrum Retail Services Ltd (CRSL) and Centrum Financial Services Ltd (CFSL). Voting by related parties was excluded for these resolutions to ensure compliance.

What Looks Positive

The company reported that the Statutory and Secretarial Auditor reports did not contain any qualifications, observations, or adverse remarks. Additionally, all 10 resolutions proposed in the AGM notice were passed with the requisite majority, indicating shareholder alignment with the management's proposals.

What This Means for Investors

The successful passage of resolutions confirms management's mandate for its planned fund-raising activities and ongoing financial integration with its subsidiaries. Investors should monitor future disclosures regarding the timing and scale of the approved security issuance and developments related to the newly appointed board members.

Key Highlights

Financial Snapshot

Profitability Analysis

The company reported a standalone profit of ₹3.64 crore (₹363.73 lakh) for the quarter ended June 30, 2026. On a consolidated basis, the group reported a loss of ₹148.80 crore (₹14,880.24 lakh) for the same period.

Business and Operations

• Unity Small Finance Bank: Net advances reached ₹12,016 crore, reflecting a 17% year-on-year growth. Total deposits remained stable at ₹12,042 crore, with a CASA ratio of 23.1%. The bank's credit card business saw growth, with total cards issued crossing 3 lakh.
• Investment Banking: The debt structuring and advisory business has a pipeline exceeding ₹3,200 crore, spanning sectors including power, steel, and pharmaceuticals. The Equity Capital Markets team completed IPOs raising over ₹1,500 crore during the quarter.
• Retail Broking: The total broking client base increased by 21%, and direct equity AUM reached ₹5,798 crore.
• Modulus Alternatives: The India Credit Opportunities Fund III has a target size of ₹2,000 crore and is progressing toward initial closing in Q2 FY2027.

Management Commentary

The management highlighted that the company began FY2027 with steady operational progress across its diversified businesses. The group continues to focus on disciplined growth, superior execution, digital enablement, and prudent capital allocation to build scalable platforms.

Corporate Action Details

• Fund Raising: The company raised ₹23.36 crore (₹2,336.00 lakh) via debentures during the quarter. Additionally, Centrum Retail Services Limited raised ₹83.62 crore (₹8,362.00 lakh) through debentures.
• Capital Reduction: The NCLT approved the reduction of share capital of Centrum Broking Limited on July 23, 2026.

What This Means for Investors

The latest results show a contrast between the standalone and consolidated performance. The improvement in standalone profitability suggests a positive development in the company's core operations. Meanwhile, the consolidated results reflect the broader activities and capital structure of the group, including its various subsidiaries and banking operations. Investors should focus on the continued execution of the business pipeline in investment banking and the growth metrics within the banking and broking verticals.

Investor Takeaway

Centrum Capital's Q1 FY2027 performance is marked by a notable standalone profit turnaround. While the consolidated group continues to report a loss, management is emphasizing operational stability and growth across its diverse business segments—specifically in digital banking, investment banking, and retail distribution. Shareholders should track the progress of the deal pipeline in the advisory segment and the growth of the loan book at Unity Small Finance Bank as key indicators of long-term value creation.

Key Highlights

Financial Snapshot (Standalone)

Financial Snapshot (Consolidated)

Business and Operational Performance

Unity Small Finance Bank

Unity Small Finance Bank continues to maintain its deposit and credit franchise. As of June 30, 2026, the bank reported net advances of ₹12,016 crore and total deposits of ₹12,042 crore. Credit card business traction remains strong, with issuances crossing 3 lakh cards.

Investment Banking & Advisory

The Investment Banking division reported an execution pipeline exceeding ₹3,200 crore. The team successfully completed IPOs for OnEMI Technology Solutions Ltd. and Waterways Leisure Tourism Ltd., raising over ₹1,500 crore in total. The Infrastructure Advisory segment is also progressing on strategic transactions in the power transmission sector.

Retail Broking

The retail broking franchise saw client growth of 21% during the quarter. Direct equity AUM reached ₹5,798 crore. The bancassurance channel, which is a key distribution engine for the company, saw accounts double sequentially to over 7,000.

Concerns and Watch Points

Investor Takeaway

Centrum Capital's Q1 FY2027 performance is characterized by a significant standalone profit turnaround, supported by improved business performance and a reduction in finance costs. While the group continues to report consolidated losses, management notes a 16% sequential improvement on a like-for-like basis. Investors should monitor the progress of the Unity Small Finance Bank subsidiary, which continues to maintain liquidity and capital strength, and track the execution of the robust ₹3,200 crore investment banking pipeline, which remains a key revenue driver for the group.

Board Decision and Designation Update

Centrum Capital Limited has formally notified the stock exchanges regarding a change in the designation of Mr. Manmohan Shetty. His second term as an Independent Director of the company concluded on August 04, 2026.

Following the completion of this term, the Board of Directors, via a circular resolution passed on July 16, 2026, has appointed Mr. Manmohan Shetty as an Additional Director of the company. His new designation is Non-Executive and Non-Independent, effective from August 05, 2026. This appointment is subject to the necessary approval from the shareholders.

Director Profile

Mr. Manmohan Shetty is a recognized figure in the Indian entertainment industry. He is the founder of Adlabs Films Limited and Adlabs Entertainment Limited, the latter being known for the Imagicaa theme park. His background includes leadership roles in film production, the development of IMAX dome theatres in India, and service as the former Chairman of the National Film Development Corporation. He currently serves as a director for various other entities, including Thrrill Park Limited and Cineport Entertainment Private Limited.

Governance Compliance

The company has confirmed that Mr. Manmohan Shetty is not related to any other director on the company's board. Additionally, the company has verified that he is not debarred from holding the office of director by the Securities and Exchange Board of India (SEBI) or any other regulatory authority.

What This Means for Investors

The transition of Mr. Manmohan Shetty from an Independent Director to a Non-Executive, Non-Independent Director represents a standard governance adjustment following the natural expiration of a board member's term. Investors should note that the appointment is subject to shareholder approval and ensures continued continuity in the board's composition.

Investor Takeaway

This announcement is a routine corporate governance disclosure. The key update is the shift in Mr. Shetty's classification from Independent to Non-Independent status, effective August 05, 2026, upon the conclusion of his term as an Independent Director. No immediate operational impact is implied by this change. Investors should continue to monitor standard company disclosures and upcoming shareholder meeting agendas regarding the formal approval of this appointment.

Special Window for Physical Share Transfer

Centrum Capital Limited has published a notice informing shareholders of a special window for the re-lodgement of transfer requests and dematerialisation of physical shares. This process is in accordance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026, dated January 30, 2026.

Important Dates

The special window is open for a period of one year, starting from February 05, 2026, to February 04, 2027.

Application Process

Shareholders who previously submitted transfer requests before April 01, 2019, which were returned due to deficiencies in documentation, are eligible to avail of this window. Eligible shareholders are requested to submit the following documents to the company's Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited:

• Transfer deeds
• Original share certificates
• Other requisite supporting documents

Key Conditions

• Demat Mode Only: Securities transferred through this window will be credited exclusively in dematerialised (demat) mode.
• Lock-in Period: Shares processed under this special window will remain under a lock-in for a period of one year from the date of registration of the transfer. During this period, the securities cannot be transferred, lien-marked, or pledged.

Investor Takeaway

This announcement is purely procedural and aimed at assisting shareholders in resolving legacy physical share transfer issues. Existing investors holding physical shares who have faced previous rejections are advised to utilize this window to dematerialize their holdings. As the process involves a one-year lock-in, investors should plan their liquidity needs accordingly.

Key Highlights

Centrum Capital Limited's promoter, Business Match Services (India) Private Limited, has submitted a revised disclosure under SEBI (SAST) Regulations regarding the encumbrance of shares.

Pledge Activity and Revision Notice

The company issued this revised disclosure to rectify an error in the reporting of a pledge. Specifically, a pledge creation of 5,00,000 shares in favor of KRChoksey Financial Services Private Limited was incorrectly reported as occurring on 03.06.2026. The actual date of creation was 04.06.2026.

Additionally, the filing details a fresh pledge creation:

• Date: 10.07.2026
• Entity: KRChoksey Financial Services Private Limited
• Shares: 23,00,000
• Reason: Creation of Pledge regarding fresh loan

Pledge Trends

Several pledge creation events listed in the disclosure, including those dated 03.06.2026, 04.06.2026, and 10.06.2026, were explicitly cited as being due to "Fluctuation in Market Price." This pattern demonstrates that market price volatility directly impacts the promoter's encumbrance levels.

Investor Takeaway

This filing provides transparency regarding the promoter's current encumbrance status. For investors, the key point is to monitor the frequency of pledge creations. The recurring nature of pledges attributed to market price fluctuations serves as a watch point, as it indicates the promoter's sensitivity to share price performance and ongoing leverage requirements. The correction of the pledge date is a procedural matter to ensure regulatory compliance.

Key Highlights

Important Figures Used

Financial Snapshot

Profitability Analysis

Centrum Capital Limited achieved a significant turnaround at the standalone level, reporting a profit after tax of ₹100.54 crore for FY2026, compared to a net loss of ₹68.72 crore in the previous year. This improvement reflects the group's focus on operational discipline and capital efficiency.

Corporate Action Details

During the financial year, the company concluded the sale of Centrum Housing Finance Limited to Weaver Services. The transaction generated cash proceeds of nearly ₹400 crore, which the company has earmarked for debt reduction and strengthening its balance sheet. Additionally, the company transferred its Merchant Banking division to a subsidiary, Centrum Broking Limited, and surrendered its Category I Merchant Banker registration as part of a strategic restructuring.

Business and Operations

Unity Small Finance Bank, a key part of the group's banking vertical, continued to make progress, improving its CASA ratio to 22.5% compared to 15.0% in the previous year. The bank also successfully migrated to the Finacle Core Banking System. The wealth management division continues to be a strong contributor, managing client assets of approximately ₹40,000 crore.

What Looks Positive

Concerns and Watch Points

What This Means for Investors

The company has demonstrated a resilient performance despite market volatility. The turnaround to profit at the standalone level is a positive signal. Investors should track the progress of Unity Small Finance Bank, as it is a core component of the group's growth strategy, and monitor how the company manages asset quality in its lending portfolios.

Investor Takeaway

The company's focus on scaling responsibly and sustainably has resulted in a standalone financial turnaround. The divestment of the housing finance business and the strategic restructuring of the merchant banking division are steps taken to optimize capital allocation. While the group has delivered resilient performance, investors should continue to track the asset quality of the banking subsidiary and the impact of the regulatory environment on overall operations. No dividend has been recommended for FY2025-26 as the company focuses on reinvestment for future growth.

Key Highlights

Corporate Action Details

Centrum Capital Limited has formally notified shareholders of its 48th Annual General Meeting. As part of this process, the company has provided remote e-voting facilities in compliance with the Companies Act, 2013, and SEBI regulations.

E-voting Schedule

• Start Date: August 8, 2026, at 09:00 AM (IST)
• End Date: August 11, 2026, at 05:00 PM (IST)

Shareholders who held shares as of the cut-off date of August 5, 2026, are eligible to vote on the resolutions.

What This Means for Investors

This update is a routine regulatory compliance notification. It outlines the schedule for the upcoming AGM and informs shareholders about the e-voting process. No financial or material business decisions were announced in this filing. Shareholders planning to participate should take note of the e-voting window and the cut-off date to ensure their voting rights are exercised.

Investor Takeaway

The notice confirms the procedural timeline for the company's annual governance meeting. Investors should ensure they review the detailed AGM notice available on the company website if they intend to participate in the voting process or attend the meeting virtually.

Key Highlights

Corporate Action Details

Centrum Capital Limited has scheduled its 48th Annual General Meeting (AGM) for August 12, 2026. The meeting will be conducted via Video Conferencing (VC). The company has initiated a process to share the Annual Report and Notice for the 2025-26 financial year with shareholders who have not yet registered their email addresses.

Management, Auditor, and Compliance Changes

The company has notified shareholders of a change in the name of its Registrar and Share Transfer Agent (RTA). The entity, previously known as Link Intime India Private Limited, is now referred to as MUFG Intime India Private Limited. This update is primarily administrative, intended to ensure shareholders holding physical shares have the correct contact information for their requests and document submissions.

What This Means for Investors

This update is primarily procedural, serving to ensure that shareholders are informed about the upcoming AGM and have the necessary access to corporate documents. Investors are advised to verify their contact details with their respective Depository Participants (for electronic holdings) or the RTA (for physical holdings) to ensure seamless communication.

Investor Takeaway

Investors should note the AGM date and ensure their communication preferences are updated. The change in the RTA name is purely administrative and does not impact business operations. No immediate financial or strategic action is required based on this announcement.

Key Highlights

Financial Snapshot

Strategic Developments

• Divestment of Housing Finance Business: The company successfully sold its entire 56.38% stake in Centrum Housing Finance Limited to Weaver Services Private Limited. The total consideration for this transaction was ₹429.77 crore (42,977.08 lakh). The proceeds are earmarked for debt reduction and strengthening the balance sheet.
• Merchant Banking Business: As part of a strategic consolidation, the merchant banking division was transferred to Centrum Broking Limited, and the company has surrendered its Category I Merchant Banker registration, effective March 20, 2026.
• Capital Raising: The company raised ₹149.71 crore through a preferential allotment of shares to marquee investors.

Unity Small Finance Bank Progress

Unity Small Finance Bank continues to be a key strategic entity. As of March 31, 2026, the Bank reported net advances of ₹11,570 crore. The Bank has significantly improved its liability profile, with the CASA ratio rising to 22.5% compared to 15.0% in the previous fiscal year. The bank has also maintained a strong capital position with a capital adequacy ratio of 26%.

What Looks Positive

Concerns and Watch Points

Investor Takeaway

For investors, the key update is the company’s strategic shift to consolidate its lending activities under Unity Small Finance Bank, highlighted by the divestment of the housing finance arm. While the consolidated group continues to report losses, the standalone entity has returned to profitability. Shareholders should monitor the performance of Unity Bank and the group's debt-reduction progress, as these are critical to the overall financial health of the platform.

Key Highlights

Financial Snapshot

Business and Operations

• Unity Small Finance Bank: The bank transitioned to the Finacle Core Banking System. It reported net advances of ₹11,570 crore and a CASA ratio of 22.5%, compared to 15% in the previous year. The bank reported a net profit of ₹154 crore for FY 2025-26.
• Modulus Alternatives: The private credit platform successfully exited its first fund (CCOF). The second fund (ICOF II) is performing well, and the firm has launched a third fund with a ₹2,000 crore target.
• Wealth Management: The business continues to manage client assets (AUA) of ₹40,000 crore.

Corporate Action and Restructuring

• Divestment: The company completed the sale of Centrum Housing Finance to Weaver Services in March 2026 for cash proceeds of nearly ₹400 crore. The proceeds were used for debt reduction and strengthening the balance sheet.
• Preferential Allotment: The company raised ₹149.71 crore through the allotment of 4,35,46,454 equity shares on a preferential basis to marquee investors.
• Merchant Banking Restructuring: Following the transfer of the merchant banking business to Centrum Broking Limited, the company surrendered its Category I Merchant Banker registration.

Concerns and Watch Points

• Sectoral Headwinds: The microfinance sector faces stress due to elevated borrower leverage, which poses potential challenges for the banking arm's financial inclusion portfolio.
• Macro Risks: Geopolitical tensions, including the Russia–Ukraine conflict and escalations in West Asia, continue to impact global supply chains, commodity prices, and inflationary pressures.

What This Means for Investors

The company has demonstrated resilience in its core operations, evidenced by the standalone profitability turnaround and growth in consolidated income. The divestment of the housing finance business and the subsequent focus on consolidating lending activities under Unity Small Finance Bank suggest a move toward streamlining operations. Investors should closely monitor the asset quality and performance of Unity Small Finance Bank, particularly in light of the potential stress in the microfinance sector.

Investor Takeaway

Centrum Capital Limited enters FY2027 with a refocused strategy on credit and wealth management. The successful divestment of the housing finance arm and the equity infusion provide a stronger balance sheet. The key for investors to monitor in the coming quarters will be the growth and stability of the lending portfolio within Unity Bank, the success of the new private credit fund (ICOF III), and the company's ability to navigate broader macroeconomic and sector-specific challenges.

Board Appointment Overview

Centrum Capital Limited has expanded its Board of Directors by appointing two new additional directors. These appointments were approved through a circular resolution passed on July 16, 2026.

Director Profiles

Mr. Sandip Ghose

Mr. Sandip Ghose brings deep regulatory and financial expertise to the board. His professional background includes:

• Former Director of the National Institute of Securities Markets (NISM).
• Former Head of Human Resources at the Reserve Bank of India (RBI).
• Previously served as Chief of Staff and Advisor to three consecutive RBI Governors.

His appointment as an Independent Director is intended to provide robust regulatory oversight and strategic guidance.

Mr. Manmohan Shetty

Mr. Manmohan Shetty is a well-known industry veteran, particularly in the media and entertainment space. His background includes:

• Founder of Adlabs Films Limited and Adlabs Entertainment (the brand behind Imagicaa).
• Former Chairman of the National Film Development Corporation (NFDC).

His induction as a Non-Independent Director suggests the company may be looking to integrate broader entrepreneurial and industry insights into its strategic planning.

What This Means for Investors

The simultaneous appointment of these two individuals highlights a dual focus for the company: maintaining high standards of regulatory compliance and corporate governance through the inclusion of Mr. Ghose, and pursuing strategic expansion or business development opportunities by leveraging the entrepreneurial experience of Mr. Shetty. These board changes are generally indicative of a company aiming to align its leadership structure with evolving industry standards and growth ambitions.

Transaction Overview

Business Match Services (India) Private Limited, a promoter entity of Centrum Capital Limited, has disclosed the creation of a pledge on equity shares. The transaction was undertaken to secure a fresh loan, as reported in the regulatory filing dated July 14, 2026.

Pledge Details

Impact on Promoter Encumbrance

The creation of this new pledge has increased the total number of encumbered shares held by the promoter. Prior to this event, the promoter had 4,18,15,000 shares encumbered (8.59% of the total share capital). Following the addition of 23,00,000 shares, the total encumbered holding now stands at 4,41,15,000 shares, or 9.06% of the total share capital.

Investor Takeaway

Promoter pledging is a common financing mechanism, but it introduces specific risks. An increase in pledged shares implies that a higher portion of the promoter's stake is subject to lender terms, which can be a point of concern during market volatility. Investors should monitor the company's future disclosures regarding the release or further creation of pledges, as stable or reducing encumbrance levels are generally preferred.

Compliance Notice: Transfer to IEPF Authority

Centrum Capital Limited has formally notified its shareholders regarding the impending transfer of equity shares to the Investor Education and Protection Fund (IEPF). This action is taken in compliance with Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.

Key Details for Shareholders

• Applicability: The notice applies to shareholders who have not claimed their dividends for seven or more consecutive years.
• Claim Deadline: Affected shareholders have until October 09, 2026, to claim their unpaid dividends and ensure their shares are not transferred to the IEPF Authority demat account.
• Verification: The company has uploaded the specific details of shareholders and the shares liable for transfer on its official website at www.centrum.co.in.

What This Means for Shareholders

Shareholders who fall under this category are advised to verify their records on the company's website. If the dividends remain unclaimed by the specified deadline, the company is legally mandated to transfer the associated equity shares to the IEPF.

While shareholders can still claim their shares and dividend amounts from the IEPF Authority after the transfer by following the prescribed procedure (filing Web Form IEPF-5), taking action before the deadline is a simpler process. There are no material financial implications for the company's operations from this standard regulatory update.

Key Highlights

This update covers a series of regulatory disclosures, corporate meeting announcements, and asset recovery proceedings filed with the exchanges.

Important Figures Used

Corporate Regulatory Compliance - IEPF Transfers

Centrum Capital Limited and WSFX Global Pay Limited have officially notified shareholders regarding the transfer of equity shares and unclaimed dividends to the Investor Education and Protection Fund (IEPF). This action applies to shareholders who have not claimed dividends for seven or more consecutive years, adhering to Section 124(6) of the Companies Act, 2013.

• Centrum Capital Limited: Shareholders have until October 9, 2026, to claim their outstanding FY 2018-19 dividends.
• WSFX Global Pay Limited: The deadline for claiming dividends and preventing the transfer of shares is October 25, 2026.

Investors are urged to review these lists on the respective company websites to avoid the mandatory transfer of their assets to the IEPF authority, which would necessitate a separate, more complex claim process with the authority later.

AGM and EGM Announcements

Several companies have convened shareholder meetings:

• Modis Navnirman Ltd: The company has scheduled its 5th Annual General Meeting (AGM) for August 5, 2026.
• Organic Recycling Systems Ltd: An Extra Ordinary General Meeting (EGM) is scheduled for August 3, 2026, primarily to seek shareholder approval for the issuance of Bonus Shares.

Asset Recovery and Legal Proceedings

Banks, including Union Bank of India, Can Fin Homes Ltd, and Unity Small Finance Bank, have issued possession notices under the SARFAESI Act, 2002. These notices target various borrowers and guarantors for the recovery of unpaid loan amounts. Additionally, SVC Co-operative Bank has scheduled an e-auction for assets belonging to Ridham Synthetics, with the e-auction date set for August 3, 2026.

What This Means for Investors

For existing shareholders, the primary takeaway is the need for immediate action regarding unclaimed dividends to prevent transfer to the IEPF. The announcements regarding EGMs and AGMs represent opportunities for shareholders to participate in corporate governance. The SARFAESI notices underscore the ongoing credit stress management within the banking sector, which continues to result in asset liquidation proceedings.

Investor Takeaway

Investors should prioritize checking the IEPF status for any held shares in Centrum Capital or WSFX Global Pay. Those holding shares in Organic Recycling Systems should monitor the EGM outcome regarding the proposed bonus issue. Finally, these disclosures highlight the importance of regularly monitoring exchange filings for any notice that may directly impact asset ownership or corporate benefits.

Compliance Update: Regulation 74(5)

Centrum Capital Limited has filed its compliance certificate for the quarter ended June 30, 2026, in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation requires listed companies to confirm that their share transfer agent has processed dematerialization requests within the mandated timelines and updated the register of members accordingly.

Key Details

• Dematerialization/Rematerialization Activity: The Registrar and Share Transfer Agent (RTA) has confirmed that no requests for dematerialization or rematerialization were received by the company during the quarter ended June 30, 2026.
• RTA Update: Investors should note that the RTA, formerly known as Link Intime India Private Limited, is now operating as MUFG Intime India Private Limited.

Investor Takeaway

This filing is a routine procedural update required for all listed companies to ensure compliance with depository participant norms. It confirms that the company and its RTA have followed the necessary regulatory processes. There are no financial or operational implications arising from this announcement.

Director Resignation

Centrum Capital Limited has formally notified the stock exchanges regarding the resignation of Mr. Subhash Gundappa Kutte from his position as a Non-Executive Director. The resignation is effective from July 4, 2026. Mr. Kutte has officially cited "pre-occupation" as the sole reason for his decision to step down from the board.

Management, Auditor, and Compliance Changes

To ensure transparency, the resigning director has explicitly clarified that there are no other reasons behind his departure other than pre-occupation. The company has filed this intimation in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circulars regarding board composition disclosures.

Investor Takeaway

For shareholders, this development appears to be a routine governance change. While boardroom adjustments often warrant attention, the explicit communication provided regarding the nature of the resignation helps mitigate potential uncertainty. Investors should continue to monitor future announcements for any further updates regarding board restructuring or appointments to fill the resulting vacancy.

Summary

• JBCG Advisory Services Private Limited has reported the creation of a pledge on 15,00,000 equity shares of Centrum Capital Limited.
• This represents 0.31% of Centrum Capital's total share capital.
• The pledge was created on April 27, 2026, citing market price fluctuations as the reason.
• The reporting was made on April 28, 2026, as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Numbers & Dates

• Promoter Holding (JBCG Advisory): 5,75,18,055 shares (11.81% of total share capital).
• Shares Pledged: 15,00,000 shares (0.31% of total share capital).
• Pledge Creation Date: April 27, 2026.
• Reporting Date: April 28, 2026.
• Beneficiary of Pledge: ADITYA BIRLA CAPITAL LIMITED.

What Changes for the Business

• The pledge of shares does not immediately alter the ownership structure but indicates that these shares are collateral. This could affect the promoter's ability to freely sell or use these shares.

Summary

• Business Match Services (India) Pvt Ltd reported the release of 15 lakh pledged equity shares in Centrum Capital Limited.
• The release, effective April 24, 2026, was due to loan repayment and reduced encumbrance by 0.31%.

Key Numbers & Dates

• Business Match Services holds 13,44,99,041 shares (27.63% of total capital) in Centrum Capital Limited.
• Before the release, 4,89,80,000 shares (10.06% of capital) were pledged.
• After the release, 4,74,80,000 shares (9.75% of capital) remain pledged.
• The release date was April 24, 2026.
• The disclosure was filed on April 27, 2026.

What Changes for the Business

• The release of pledged shares signifies a reduction in financial leverage or debt obligations for Business Match Services (India) Private Limited concerning its holding in Centrum Capital Limited.
• This can be viewed as a positive development, potentially strengthening the promoter's position and confidence in the target company.

Summary

• Business Match Services (India) Private Limited has filed a revised disclosure regarding share pledges in Centrum Capital Limited.
• The revision rectifies prior reporting errors, specifically concerning the name of the entity in whose favor shares were encumbered.
• The disclosure details the release of a total of 1.20 crore shares from encumbrance following loan repayments.

Key Numbers & Dates

• Total promoter holding by Business Match Services (India) Private Limited in Centrum Capital: 13.45 crore shares (29.27% of total capital).
• Previously encumbered shares: 6.95 crore shares (15.13% of total capital).
• Release event dated March 30, 2026, involved 70 lakh shares (1.52%) released to Minsol Limited.
• Following this release, encumbered shares stood at 6.25 crore (13.61%).
• A subsequent release event on March 30, 2026, involved 50 lakh shares (1.09%) to Catalyst Trusteeship Limited.
• The final encumbered shareholding is 5.75 crore shares (12.52% of total capital).
• Revised disclosure submitted on April 27, 2026.

What Changes for the Business

• This is a regulatory compliance update, confirming the rectification of previous reporting errors concerning promoter share encumbrances.
• The disclosure confirms the reduction in the total pledged shareholding by the promoter in Centrum Capital.

⚠️ What Could Go Wrong (source-based)

• [Governance] Previous disclosure reporting errors necessitated a revised submission, indicating a potential lapse in accurate and timely reporting.

Summary

• Business Match Services (India) Private Limited reported the release of pledged shares in Centrum Capital Limited.
• Approximately 40.53 lakh equity shares (0.83% of total capital) were released from pledge.
• This release was due to the repayment of a loan.
• The promoter's pledged shareholding in Centrum Capital has reduced.

Key Numbers & Dates

• Date of Reporting: 20.04.2026
• Date of Release of Pledge: 17.04.2026
• Previously Pledged Shares: 5,30,32,632 shares (10.89% of total capital)
• Shares Released: 40,52,632 shares (0.83% of total capital)
• Currently Pledged Shares: 4,89,80,000 shares (10.06% of total capital)
• Entity to whom loan was repaid: LLOYDS METALS AND ENERGY LIMITED

What Changes for the Business

• The promoter, Business Match Services (India) Private Limited, has reduced its encumbered shareholding in Centrum Capital Limited.
• This could potentially improve the promoter's financial flexibility or reduce leverage associated with the pledged shares.

Summary

• Centrum Capital Limited has filed a compliance certificate for the quarter ended March 31, 2026.
• This filing is in accordance with SEBI (Depositories and Participants) Regulations, 2018.
• The certificate from MUFG Intime India Private Limited (Registrar and Share Transfer Agent) confirms the processing of dematerialized securities.
• It notes that securities received for dematerialization were accepted/rejected, listed on exchanges, and converted appropriately, with depositories registered as owners.
• No requests for dematerialization or rematerialization were received during the quarter.

Key Numbers & Dates

• Quarter End Date: March 31, 2026
• Centrum Capital's Letter Date: April 15, 2026
• MUFG Intime India's Certificate Date: April 4, 2026

Summary

• JBCG Advisory Services Private Limited has submitted a revised disclosure regarding its shareholding in Centrum Capital Limited.
• The revised disclosure follows a query from the Stock Exchange and details acquisitions made via warrant exercise and open market purchases.
• This has resulted in a significant change in shareholding, triggering the disclosure.

Key Numbers & Dates

• Before Acquisition: JBCG Advisory Services held 5.58% of voting rights and 4.84% of diluted capital, along with 7.01 crore warrants.
• Acquisitions: 3.00 crore shares were acquired, representing 5.85% of voting rights and 5.67% of diluted capital. This includes the exercise of 2.72 crore warrants on March 27, 2026, and the purchase of 27.69 lakh shares between March 23-27, 2026.
• After Acquisition: JBCG Advisory Services' total shareholding increased to 11.43% voting rights and 10.51% diluted capital.
• Remaining Warrants: 4.28 crore warrants remain outstanding.
• Report Date: 07.04.2026

What Changes for the Business

• Centrum Capital Limited will see a shift in its significant shareholding structure with JBCG Advisory Services' stake nearly doubling.

⚠️ What Could Go Wrong (source-based)

• None explicitly mentioned in the provided text.

Results Snapshot

• Not applicable.

What to Track Next

• Investors may track future disclosures from JBCG Advisory Services regarding Centrum Capital Limited and any further changes in shareholding.

Centrum Capital Limited has informed shareholders through advertisements in The Free Press Journal and Navshakti about a dedicated special window for the transfer and dematerialization of physical securities. This window, operational from February 5, 2026, to February 4, 2027, follows SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026. It is designed to accommodate physical securities transacted before April 1, 2019, including those whose transfer requests were previously rejected or returned due to documentation deficiencies.

Summary

• Centrum Capital Limited has executed definitive documents to retire from its subsidiary, Centrum Alternatives LLP ("CAL LLP").
• Surplus Fincare Private Limited has been inducted as a new partner in CAL LLP.
• Following the retirement, CAL LLP will cease to be a subsidiary of Centrum Capital Limited.
• The company received ₹7.50 lakh as settlement for its capital account upon retirement.

Key Numbers & Dates

• CAL LLP Turnover (FY 2024-25): ₹3,49,340.01 lakh (₹3,493.40 cr)
• CAL LLP Net Worth (FY 2024-25): ₹141.30 lakh (₹1.41 cr)
• CAL LLP's contribution to consolidated net worth (FY 2024-25): 2.09%
• Consideration received for capital account settlement: ₹7.50 lakh (₹0.08 cr)
• Agreement execution and expected completion date: March 31, 2026

What Changes for the Business

• Centrum Alternatives LLP ("CAL LLP") will no longer be a subsidiary of Centrum Capital Limited.
• Surplus Fincare Private Limited ("SFPL") has been inducted as a new partner in CAL LLP, replacing Centrum Capital's entire partnership interest.

Summary

• Business Match Services (India) Private Limited reported a release of pledged equity shares in Centrum Capital Limited on March 30, 2026.
• This filing was made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• The promoter's encumbered holding in Centrum Capital Limited has reduced following this event.

Key Numbers & Dates

• Reporting Date / Event Date: 30.03.2026
• Total Promoter Holding (Business Match Services): 13,44,99,041 shares (29.27%) in Centrum Capital Limited.
• Initial Encumbered Holding: 6,95,32,632 shares (15.13%) before release.
• Total Shares Released from Pledge: 1,20,00,000 shares (2.61% of total share capital), including releases to MINSOL LIMITED and CATALYST TRUSTEESHIP LIMITED.
• Final Remaining Encumbered Holding: 5,75,32,632 shares (12.52% of total share capital).

What Changes for the Business

• The promoter, Business Match Services (India) Private Limited, has reduced its pledged shareholding in Centrum Capital Limited.
• This indicates a potential improvement in the promoter's financial flexibility and a reduction in the risk associated with pledged shares.

Summary

• Business Match Services (India) Private Limited has reported the release of a pledge on equity shares held in Centrum Capital Limited.
• The release is due to the repayment of a loan, leading to a reduction in the total encumbered shares.

Key Numbers & Dates

• Reporting Date: 27.03.2026
• Release Date: 25.03.2026
• Shares Released: 58,50,000 (1.27% of total share capital)
• Post-release Encumbrance: 6,95,32,632 shares (15.13% of total share capital)
• Previous Encumbrance: 7,53,82,632 shares (16.40% of total share capital)
• Total Shares Held by Business Match Services: 13,44,99,041 shares (29.27% of total share capital)
• Entity in whose favor pledge was released: MERLIN PROJECTS LTD

What Changes for the Business

• The release of 58.50 lakh pledged shares reduces the encumbrance level for Business Match Services (India) Private Limited in Centrum Capital Limited.
• The company's post-event encumbrance stands at 15.13% of the total share capital.

Summary

• Centrum Capital's Board of Directors approved the allotment of 2.725 crore equity shares.
• These shares are issued upon the exercise of warrants by promoter group entity JBCG Advisory Services Private Limited.
• The transaction raises approximately ₹77.72 crore for the company.
• This issuance increases JBCG's shareholding from 35.85% to 39.44%.

Key Numbers & Dates

• Number of Warrants Exercised: 2,72,50,000
• Number of New Equity Shares Allotted: 2,72,50,000
• Issue Price Per Share: ₹28.52
• Amount Received on Exercise (75%): ₹58,28,77,500 (₹58.29 cr)
• Upfront Consideration (25%): ₹19,42,92,500 (₹19.43 cr)
• Total Value of Shares Issued: ₹77,71,70,000 (₹77.72 cr)
• Total Equity Share Capital (Post-Conversion): 48,68,29,194 shares
• Promoter Group (JBCG) Shareholding (Pre-exercise): 16,47,67,596 shares
• Promoter Group (JBCG) Shareholding (Post-exercise): 19,20,17,596 shares
• Board Resolution Date: March 27, 2026

What Changes for the Business

• The company's issued equity share capital has increased to 48,68,29,194 equity shares.
• The shareholding of promoter group entity JBCG Advisory Services Private Limited has increased to 39.44% from 35.85%.

⚠️ What Could Go Wrong (source-based)

• No specific risks or potential downsides are mentioned in the provided text.

What to Track Next

• The remaining 4,28,76,225 warrants are still pending for conversion.

Summary

• Centrum Capital's Board of Directors will meet on May 21, 2026.
• The meeting will focus on approving audited financial results for the fiscal year ending March 31, 2026.
• A significant agenda item is the consideration and approval of raising funds up to ₹1,000 crore.
• This fundraising can be through Non-Convertible Debentures, rights issue, or private placement.
• The company has also declared a trading window closure from April 1, 2026, to May 23, 2026.

Key Numbers & Dates

• Board Meeting Date: May 21, 2026 (to consider financial results and fundraising)
• Funds to be Raised: ₹1,000 crore (via NCDs, rights issue, or private placement)
• Trading Window Closure: April 1, 2026 to May 23, 2026 (inclusive)

What Changes for the Business

• Potential for significant capital infusion up to ₹1,000 crore, which could be used for expansion, debt repayment, or other strategic initiatives.
• The approval of audited financial results will provide a clear picture of the company's performance for the fiscal year ended March 31, 2026.

⚠️ What Could Go Wrong (source-based)

• [Financial] The approval of financial results could reveal performance issues that impact investor sentiment.
• [Funding] The actual amount and method of fund raising might differ from the announced up to ₹1,000 crore if market conditions or regulatory approvals are not met.

What to Track Next

• Outcome of the Board Meeting on May 21, 2026, regarding financial results and fundraising approval.
• Details on the specific instrument and terms for the ₹1,000 crore fundraise.
• Announcement of the Audited Financial Results for FY 2026.

Summary

• Centrum Capital Limited's Board of Directors will meet on May 21, 2026.
• The meeting agenda includes approving the audited financial results for the fiscal year ended March 31, 2026.
• The Board will also consider raising funds up to ₹1,000 crores through Non-Convertible Debentures, rights issue, or private placement.
• The company's trading window will be closed from April 1 to May 23, 2026.

Key Numbers & Dates

• Board Meeting: May 21, 2026, to approve FY26 financial results and consider fund raising.
• Fund Raising: Up to ₹1,000.00 crores planned via Non-Convertible Debentures or other securities.
• Trading Window Closure: April 1, 2026, to May 23, 2026.

What Changes for the Business

• The company is planning a significant capital infusion, which could be used for various strategic purposes subject to board approval and market conditions.
• This may impact the company's capital structure and future growth plans.

What to Track Next

• The outcome of the Board meeting on May 21, 2026, regarding financial results.
• Details of the approved fund-raising instrument, amount, and terms.

Gujarat Kidney And Superspeciality Limited informed BSE and NSE on March 26, 2026, via newspaper publication, about the successful completion of dispatching its Postal Ballot Notice and explanatory statement. The notice was sent to members registered as of March 20, 2026, and was published in both English (Western Times) and Gujarati language newspapers.

Summary

• Centrum Capital Limited has received approval from SEBI on March 20, 2026, to surrender its Certificate of Registration as a Merchant Banker.
• This approval is a follow-up to the company's earlier disclosure on January 30, 2026, regarding a Business Transfer Agreement (BTA) to sell its Merchant Banking Division.
• The division is being transferred to Centrum Broking Limited (CBL), a subsidiary of Centrum Capital, through a slump sale.

Key Numbers & Dates

• SEBI Approval Date: March 20, 2026
• Prior BTA Disclosure Date: January 30, 2026

What Changes for the Business

• The company is proceeding with the surrender of its Merchant Banker registration.
• This signifies a divestment of the Merchant Banking Division, which is being sold to its subsidiary, Centrum Broking Limited.

Summary

• Centrum Capital Limited has completed the sale of its entire stake in its material subsidiary, Centrum Housing Finance Limited (CHFL).
• The transaction was finalized on March 18, 2026, and CHFL will now cease to be a subsidiary of the company.
• Regulatory approval from the Reserve Bank of India (RBI) for the proposed change in control was received on February 3, 2026.

Key Numbers & Dates

• Share Purchase Agreement (SPA) entered: August 22, 2025
• RBI regulatory approval received: February 3, 2026
• Completion of entire stake sale in CHFL: March 18, 2026

What Changes for the Business

• Centrum Housing Finance Limited (CHFL) will no longer be a subsidiary of Centrum Capital Limited.

Summary

• Business Match Services (India) Private Limited, a promoter, has reported the creation of new pledges on its equity shares in Centrum Capital Limited.
• These pledges were created between March 4 and March 13, 2026, due to market price fluctuations.
• The disclosure follows SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Numbers & Dates

• Reporting Date: 13.03.2026
• Promoter Holding (Business Match Services): 13,44,99,041 shares (29.27% of total share capital)
• Initial Pledged Shares (as of 04.03.2026): 8,68,82,632 shares (18.90%)
• Pledged Shares as of 13.03.2026: 9,60,32,632 shares (20.90%)
• First Pledge Creation Date: 04.03.2026
• Last Pledge Creation Date: 13.03.2026

What Changes for the Business

• A portion of the promoter's stake in Centrum Capital Limited has been pledged, increasing from 18.90% to 20.90%.
• The promoter's total holding in Centrum Capital Limited remains unchanged at 29.27%.

⚠️ What Could Go Wrong (source-based)

• [Financial] Increased share pledging by promoters can sometimes indicate financial stress or the need for liquidity, potentially impacting investor sentiment.

What to Track Next

• Monitor any further disclosures regarding the pledged shares, especially if there are invocations or releases.
• Observe the stock performance of Centrum Capital Limited and any potential impact on its share price.

Summary

• Business Match Services (India) Private Limited has reported the creation of a pledge on equity shares held in Centrum Capital Limited, as per SEBI (SAST) Regulations, 2011.
• This disclosure details the pledge of 4,60,000 equity shares, which amounts to 0.10% of Centrum Capital's total share capital.
• The event took place on February 16, 2026, and was reported on February 23, 2026.

Key Numbers & Dates

• Promoter Holding (Business Match Services in Centrum Capital): 1,34,49,9041 shares (29.27%)
• Previously Encumbered Shares: 8,64,22,632 shares (18.80%)
• Newly Encumbered Shares (Pledge Created): 4,60,000 shares (0.10%)
• Post-Event Encumbered Shares: 8,68,82,632 shares (18.90%)
• Date of Pledge Creation: February 16, 2026
• Date of Reporting: February 23, 2026

What Changes for the Business

• The total number of equity shares pledged by Business Match Services (India) Private Limited in Centrum Capital Limited has increased from 18.80% to 18.90% of the total share capital.
• The reason cited for the additional pledge is fluctuations in the market price, affecting the collateral value.

News Crux

Centrum Capital Limited has announced the issuance of a corporate guarantee amounting to ₹35 Crores in favour of Suryoday Small Finance Bank Limited. This guarantee is to secure credit facilities availed by its subsidiary, Centrum Housing Finance Limited.

⚠️ Investor Risks & Governance

The issuance of the corporate guarantee represents a contingent liability for Centrum Capital Limited. While the company has stated that there is currently no direct financial impact, this commitment signifies a potential future financial obligation should the subsidiary, Centrum Housing Finance Limited, default on its credit facilities. Centrum Capital holds a 56.39% equity stake in its subsidiary.

Key Events

Centrum Capital Limited has issued a corporate guarantee of ₹35 Crores for its subsidiary, Centrum Housing Finance Limited, to support its credit facilities.

News Crux

The Board of Directors of Centrum Capital Limited, in its meeting held on February 13, 2026, approved the Unaudited Financial Results (Consolidated and Standalone) for the quarter and nine months ended December 31, 2025.

Quarterly Results

Consolidated Results:

• Revenue from operations for the quarter ended December 31, 2025, stood at ₹878.36 Crores, a marginal increase of 0.10% compared to ₹877.48 Crores in the same quarter last year (Q3 FY25).
• Net Profit/(Loss) after tax for the quarter was a loss of ₹134.60 Crores, compared to a loss of ₹68.56 Crores in Q3 FY25 (YoY). This marks a significant widening of the consolidated loss.
• Sequentially (QoQ), Revenue from operations increased by 6.73% to ₹878.36 Crores from ₹822.94 Crores in Q2 FY26. However, the Net Profit/(Loss) after tax widened substantially to a loss of ₹134.60 Crores from a loss of ₹8.50 Crores in Q2 FY26.
• The primary driver for the QoQ widening of the loss was a significant increase in Impairment on financial instruments (net), which rose to ₹175.55 Crores in Q3 FY26 from ₹17.31 Crores in Q2 FY26.
• Earnings Per Share (EPS) Basic for the consolidated entity was ₹(2.23) for the quarter.

Standalone Results:

• Revenue from operations for the quarter ended December 31, 2025, declined by 39.70% YoY to ₹10.71 Crores from ₹17.92 Crores in Q3 FY25. Sequentially (QoQ), revenue decreased by 41.15% from ₹18.20 Crores in Q2 FY26.
• Net Profit/(Loss) after tax for the quarter was a loss of ₹12.77 Crores. This represents a reduction in loss by 16.59% compared to ₹15.31 Crores in Q3 FY25 (YoY) and a reduction by 20.86% compared to ₹16.14 Crores in Q2 FY26 (QoQ).
• Earnings Per Share (EPS) Basic for the standalone entity was ₹(0.29) for the quarter.

Exceptional Items:

• Consolidated: ₹(4.98) Crores (Statutory impact of new Labour Codes).
• Standalone: ₹(0.34) Crores (Statutory impact of new Labour Codes).

Guidance & Strategy

• Management expects the consolidated PAT to turn positive in Q4 FY2026, supported by improving operating trends and strengthened fundamentals.
• All regulatory and shareholder approvals have been received for the divestment of Centrum Housing Finance Ltd., which is expected to result in liquidity inflows of over ₹400 Crores, earmarked for group debt reduction.
• The group is prioritizing balance sheet strengthening, business scalability, and enhancing operational efficiencies.

Financial Deep Dive

• Consolidated: The significant increase in impairment on financial instruments (QoQ) was the main factor behind the widened net loss.
• Standalone: Revenue from operations saw a substantial decline both year-on-year and quarter-on-quarter.
• Debt: The company mentioned a ₹200 Crore debt retirement in Q3 FY2026 from QIP proceeds. The proceeds from the divestment of Centrum Housing Finance Ltd. are designated for further debt reduction.

Key Events

• Approvals received for the divestment of Centrum Housing Finance Ltd., which is expected to yield over ₹400 Crores for group debt reduction.
• Unity Small Finance Bank completed its Core Banking System migration to Finacle.

Outlook

The group will continue to prioritize balance sheet strengthening, business scalability, and enhancing operational efficiencies in Q4 FY2026. Expected liquidity inflows, an improving outlook to profitability, and expanding digital and retail capabilities are expected to position the group for a stable end to the financial year.

News Crux

Centrum Capital Limited announced the outcome of its Board Meeting held on February 13, 2026, where the unaudited financial results (Consolidated and Standalone) for the quarter and nine months ended December 31, 2025, were approved. The company also provided performance highlights and discussed its strategic direction.

Quarterly Results

Consolidated Results:

• Q3 FY26 vs Q3 FY25 (YoY):
  • Revenue from operations: ₹878.36 Cr (up 0.1%) vs ₹877.48 Cr.
  • Total Income: ₹938.77 Cr (up 4.9%) vs ₹894.71 Cr.
  • Total Expenses: ₹1,097.61 Cr (up 10.2%) vs ₹995.66 Cr.
  • Net Profit/Loss: ₹(134.60) Cr vs ₹(68.57) Cr.
• Q3 FY26 vs Q2 FY26 (QoQ):
  • Revenue from operations: ₹878.36 Cr vs ₹822.94 Cr (up 6.7%).
  • Total Income: ₹938.77 Cr vs ₹1,098.44 Cr (down 14.5%).
  • Total Expenses: ₹1,097.61 Cr vs ₹1,130.22 Cr (down 3.0%).
  • Net Profit/Loss: ₹(134.60) Cr vs ₹(31.77) Cr.
• Nine Months Ended Dec 31, 2025 vs Nine Months Ended Dec 31, 2024 (YoY):
  • Revenue from operations: ₹2,547.57 Cr vs ₹2,377.15 Cr (up 7.2%).
  • Net Profit/Loss: ₹(250.07) Cr vs ₹(172.79) Cr.

Standalone Results:

• Q3 FY26 vs Q3 FY25 (YoY):
  • Revenue from operations: ₹10.71 Cr vs ₹17.92 Cr (down 40.2%).
  • Total Income: ₹27.22 Cr vs ₹30.67 Cr (down 11.3%).
  • Total Expenses: ₹36.53 Cr vs ₹43.47 Cr (down 16.0%).
  • Net Profit/Loss: ₹(12.77) Cr vs ₹(15.31) Cr.
• Q3 FY26 vs Q2 FY26 (QoQ):
  • Revenue from operations: ₹10.71 Cr vs ₹18.20 Cr (down 41.2%).
  • Total Income: ₹27.22 Cr vs ₹33.71 Cr (down 19.3%).
  • Total Expenses: ₹36.53 Cr vs ₹48.81 Cr (down 25.2%).
  • Net Profit/Loss: ₹(12.77) Cr vs ₹(15.10) Cr.
• Nine Months Ended Dec 31, 2025 vs Nine Months Ended Dec 31, 2024 (YoY):
  • Revenue from operations: ₹33.21 Cr vs ₹40.60 Cr (down 18.2%).
  • Net Profit/Loss: ₹(61.63) Cr vs ₹(46.41) Cr.

Guidance & Strategy

The company's 'Performance Highlights' indicate a strategic focus on balance sheet strengthening, de-leveraging, and prudent provisioning.

• De-Leveraging: Centrum Capital's standalone loss reduced QoQ, driven by interest cost reduction post-debt retirement. The company expects consolidated PAT to turn positive in Q4 FY2026.
• Debt Reduction: All regulatory and shareholder approvals have been received for the divestment of Centrum Housing Finance Ltd., expected to bring liquidity inflows of over ₹400 Cr, earmarked for group debt reduction.
• Unity Small Finance Bank: Achieved core banking system migration, improved CRAR (~27%), LCR (193%), and CASA ratio (~22%). Asset growth focuses on secured portfolio (gold loans, SME lending).
• Credit Funds: India Credit Opportunities Fund II is fully deployed; a third credit fund of ₹2,000 Cr has been launched.
• Investment Banking: Debt Structuring & Advisory concluded deals of ₹760 Cr and has a pipeline of ₹1,500 Cr. Equity Capital Markets has a pipeline including seven IPOs.
• Retail Broking: Operations transferred from Centrum Broking Ltd. to Centrum Finverse Ltd. for strategic focus.
• Wealth Management: Expanded sales team across India, focusing on personalized solutions and Tier 2 cities.

Financial Deep Dive

• Income Statement Drivers: The consolidated results show a significant increase in total expenses, leading to a wider net loss despite higher revenues YoY. Standalone revenues have declined sharply YoY and QoQ.
• Exceptional Items:
  • Consolidated: ₹4.98 Cr (₹498.18 Lakhs) representing the statutory impact of new Labour Codes.
  • Standalone: ₹0.34 Cr (₹33.62 Lakhs) for the statutory impact of new Labour Codes, and ₹1.36 Cr (₹136.33 Lakhs) loss on sale of investment in Centrum Broking Ltd.
• Debt Management: The company actively retired debt using QIP proceeds. The upcoming divestment of Centrum Housing Finance Ltd. is intended to further reduce group debt. The company states asset cover for debentures exceeds 100%.

⚠️ Investor Risks & Governance

The auditor's review report, while concluding without modification, highlighted certain aspects regarding the scope of review for subsidiaries. For the consolidated results, the review of five subsidiaries was based solely on the reports of other auditors. Additionally, seven subsidiaries' interim financial statements were not reviewed by their own auditors but were included based on management's approval, though these were considered not material to the Group. These points pertain to the extent of independent assurance on certain components of the consolidated financials.

Key Events

• Board of Directors approved unaudited financial results for Q3 and nine months ended December 31, 2025.
• Statutory impact of new Labour Codes recognized as exceptional items.
• All regulatory and shareholder approvals received for the divestment of Centrum Housing Finance Ltd.
• Unity Small Finance Bank successfully migrated its Core Banking System.
• Retail broking operations transferred from Centrum Broking Ltd. to Centrum Finverse Ltd.

Outlook

The Group expects consolidated Profit After Tax (PAT) to turn positive in Q4 FY2026. The outlook emphasizes continued balance sheet strengthening, business scalability, and enhanced operational efficiencies as the financial year concludes.

Centrum Capital Limited has announced the issuance of a corporate guarantee in favour of Mizuho Capsave Finance Private Limited. This guarantee is for credit facilities amounting to ₹5,00,00,000/- (Rupees Five Crores Only) to be availed by Centrum Finverse Limited, a subsidiary of Centrum Capital.

The disclosure, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, clarifies the company's interest in the transaction. Centrum Capital Limited holds 99.99% of the equity share capital of Centrum Financial Services Limited, which in turn holds 80.49% of the equity share capital of Centrum Finverse Limited.

Centrum Capital noted that the provision of such corporate guarantees to subsidiaries may not necessarily involve charging commissions, given the company's substantial interest in its subsidiary. The agreement is for a Working Capital Demand Loan with a tenure of 6 months.

The company stated that the issuance of this corporate guarantee is a contingent liability and currently has no immediate impact on Centrum Capital Limited. The details provided are in accordance with SEBI's master circular.

NA

The news report contains multiple company announcements. Simmonds Marshall Limited, National Plastic Industries Limited, Olympic Management & Financial Services Ltd, Ecap Equities Limited, G-TEC JAINX EDUCATION LIMITED, G. G. DANDEKAR PROPERTIES LIMITED, and FSN E-COMMERCE VENTURES LIMITED have published their un-audited financial results for the quarter and nine months ended December 31, 2025. In a significant development, Centrum Capital Limited has applied for the voluntary surrender of its merchant banking license, with mandates to be transferred to Centrum Broking Limited. Separately, Angel Digitech Services Private Limited reported the loss/destruction of original sale agreement documents due to a fire. Various public notices regarding property claims and lost documents are also present.

Centrum Capital Limited (CCL) has issued a corrigendum to its earlier disclosure regarding the divestment of its material subsidiary, Centrum Housing Finance Limited (CHFL). The company clarified that the Reserve Bank of India (RBI) approval for the proposed change in control and acquisition of CCL's stake in CHFL by Weaver Services Private Limited was received on "February 3, 2026". This correction addresses an inadvertent error in a previous filing where the date was stated as "February 3, 2025".

The original intimation, dated August 22, 2025, had announced the execution of a Share Purchase Agreement (SPA) for the transfer of CCL's entire stake in CHFL to Weaver Services. This transaction was contingent upon obtaining necessary statutory, regulatory, and corporate approvals, along with meeting specific conditions precedent. The RBI's approval on February 3, 2026, represents a crucial regulatory milestone in this divestment process.

The closure of the stake sale transaction remains subject to the satisfactory fulfilment of all other conditions precedent as stipulated in the SPA. This development signifies progress in Centrum Capital's strategic initiative to divest its housing finance subsidiary. The disclosure did not include any updates on quarterly or annual financial performance, management guidance, or detailed financial metrics, focusing exclusively on the regulatory approval and the date correction.

The announcement from Centrum Capital Limited (CCL) pertains to a significant corporate action: the divestment of its entire stake in its material subsidiary, Centrum Housing Finance Limited (CHFL). CCL had previously entered into a Share Purchase Agreement (SPA) with Weaver Services Private Limited on August 22, 2025, for this transaction. In a notable development, the Reserve Bank of India (RBI) has granted approval for the proposed change in control and acquisition of CCL's stake in CHFL by Weaver Services, with the approval dated February 3, 2025. This date precedes the SPA signing date. The closure of the transaction remains contingent upon the fulfilment of all other conditions precedent stipulated in the SPA. This regulatory clearance is a critical step forward in the planned sale of the housing finance arm. However, the announcement does not provide any details regarding quarterly or annual financial performance, earnings, margins, or EPS. Management guidance, growth drivers, or identified risks are also absent. The financial deep dive section is not covered as the text focuses solely on the regulatory approval for the subsidiary sale. No specific balance sheet figures, cash flow statements, key ratios, or order book updates are mentioned. The primary focus of the news is the approval obtained for the divestment.

Centrum Capital Limited has submitted its Monitoring Agency Report for the quarter ended December 31, 2025, to the National Stock Exchange of India Limited and BSE Limited. This submission is pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The report, issued by Brickwork Ratings India Private Limited, scrutinizes the utilization of proceeds raised through a preferential issue of warrants convertible into equity shares, which were allotted on August 01, 2025. The company has stated that this report was placed for consideration before its Audit Committee and the Board of Directors.

Details of the preferential issue of warrants, as partially disclosed on Page 5, include 70,126,225 securities at a price of ₹28.52 per security, with a total value as per the offer document of ₹199.99 Crore and an amount received of ₹49.99 Crore.

The company has uploaded the Monitoring Agency Report on its website, www.centrum.co.in, for public access. This filing is a routine compliance disclosure and does not include details on quarterly or annual financial results, future guidance, management commentary, or strategic outlook.

Centrum Capital Limited announced that its Board of Directors has approved the transfer of its Merchant Banking Division to its subsidiary, Centrum Broking Limited (CBL), through a slump sale. The transaction, set to occur on an 'as-is-where-is' basis, is part of a broader strategic restructuring. Concurrently, Centrum Capital will apply to surrender its Certificate of Registration as a Merchant Banker, obtained from SEBI.

The Merchant Banking division reported a turnover of ₹1,119.33 Lakh (approximately ₹11.19 Crore) for the financial year 2024-25. This division contributed a minor 0.32% to the company's consolidated turnover of ₹3,49,340.01 Lakh (approximately ₹349.34 Crore) during the same period. The consideration agreed upon for the slump sale is ₹1,79,00,000 (INR 1.79 Crore), subject to potential adjustments. The buyer, Centrum Broking Limited, is a wholly owned subsidiary of Centrum Financial Services Limited, which in turn is a subsidiary of Centrum Capital. This transaction has been classified as a related party transaction, conducted at arm's length.

The primary strategic rationale behind this divestiture is to facilitate Centrum Financial Services Limited's intended conversion into a Non-Operative Financial Holding Company, a directive stemming from the Reserve Bank of India's approval for Unity Small Finance Bank Limited. Additionally, this move is necessary to meet SEBI's stipulated conditions for Centrum Broking Limited's final registration as a Category I Merchant Banker. The company anticipates the transaction's completion within the next two to three months, pending the receipt of all necessary regulatory approvals. Following the transfer, Centrum Capital will cease to operate as a Merchant Banker, but the group's merchant banking services will continue uninterrupted through Centrum Broking Limited. No alterations to Centrum Capital's shareholding pattern are expected as a consequence of this deal. The company's perpetual SEBI Merchant Banker registration (No. INM000010445) will be surrendered.

Centrum Capital Limited announced a significant internal restructuring involving the transfer of its Merchant Banking (MB) Division to its wholly-owned subsidiary, Centrum Broking Limited (CBL), through a slump sale. This strategic move, approved by the Board of Directors, is scheduled to be completed within the next 2-3 months, subject to regulatory approvals.

The primary rationale behind this transaction is to facilitate CBL's application to SEBI to operate as a Category I Merchant Banker. This is a critical step aligned with the group's larger strategy, particularly following the Reserve Bank of India's approval for setting up Unity Small Finance Bank Limited. Centrum Financial Services Limited, the parent entity, is required to convert into a Non-Operative Financial Holding Company, necessitating direct holding of investments in regulated financial entities by its subsidiaries.

As part of this transfer, Centrum Capital will apply for the surrender of its Certificate of Registration as a Merchant Banker obtained from SEBI. The MB Division contributed ₹1,119.33 Lakh in turnover for FY 2024-25, representing 0.32% of the company's consolidated turnover. The net worth contribution of this division was not specified ('NA'). The slump sale consideration is set at ₹1,79,00,000 (Rupees One Crore, Seventy-Nine Lakhs only), subject to adjustments. The transaction is classified as a related party transaction but is being conducted at an arm's length basis.

While Centrum Capital will cease to be a Merchant Banker, the group will continue to provide these services through Centrum Broking Limited. There will be no change in Centrum Capital's shareholding pattern as a result of this transaction.

Brawn Biotech Ltd. has announced a significant change in its leadership team with the appointment of Ms. Rati Garg as the new Chief Financial Officer (CFO) and Key Managerial Personnel. The decision was made by the Board of Directors in their meeting held on January 30, 2026, following a recommendation from the Nomination and Remuneration Committee. Ms. Garg's appointment will be effective from February 1, 2026.

Ms. Garg brings a wealth of experience to the role, being a qualified Cost Accountant with over 15 years of extensive experience in financial management, cost control, budgeting, and regulatory compliance. Her expertise spans financial planning & analysis (FP&A), cost optimization, internal controls, statutory and cost audits, taxation, and corporate finance.

The company made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant SEBI circulars. The Board meeting for this appointment was held from 10:00 AM to 10:30 AM IST on January 30, 2026.

Centrum Capital Limited has submitted a certificate from its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, confirming compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended December 31, 2025. The certificate indicates that securities received for dematerialization during the period were processed and confirmed to depositories, and the relevant shares were listed on stock exchanges. Notably, the RTA reported no dematerialization or rematerialization requests during this quarter.

This regulatory filing comes amidst a period of significant corporate activity for Centrum Capital, as detailed in previous announcements. These include the planned divestment of its material subsidiary, Centrum Housing Finance Limited, for approximately ₹430 crore, aimed at unlocking capital for debt reduction. The company has also been focused on capital raises through preferential issues to strengthen its balance sheet. However, historical financial performance, as indicated by past quarterly results and company data, has been marked by persistent net losses, high debt-to-equity ratios, and low interest coverage, alongside significant promoter share pledges and contingent liabilities. These factors collectively suggest ongoing financial challenges that the company is actively working to address through strategic asset sales and capital infusions.

On January 5, 2026, promoter Business Match Services (India) Private Limited filed disclosures under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reporting the creation of new pledges on equity shares held in Centrum Capital Limited. These pledges, created on December 30, 2025, were for 50,000 shares in favor of Nidhi Castings and Alloys Private Limited and 2,00,000 shares in favor of STCI Finance Limited. The company cited additional pledging due to fluctuations in market price. This action increases the promoter's total encumbered holding to 7,56,53,333 shares, representing 16.46% of Centrum Capital's total share capital, while their total holding remains at 13,44,99,041 shares (29.27% of total share capital). This development occurs against a backdrop of the company's ongoing financial challenges, including net losses reported in recent quarters and a strategy focused on debt reduction through divestments and capital raises.

Centrum Capital Limited has announced that its Board of Directors will convene on Friday, February 13, 2026. The primary agenda of this meeting is to consider and approve the unaudited financial results, both on a standalone and consolidated basis, for the third quarter and the first nine months of the financial year 2025-26, which ended on December 31, 2025.

In line with SEBI regulations and the company's internal code of conduct for trading by designated persons, the trading window for dealing in the equity shares of Centrum Capital Limited will be closed. This closure will be effective from Thursday, January 01, 2026, and will remain open only after the conclusion of the board meeting and the subsequent dissemination of the financial results, which is expected to be by Sunday, February 15, 2026. This measure is in place to prevent any potential insider trading activities during the sensitive period leading up to the financial results disclosure.

Centrum Capital Limited has announced that its Board of Directors will convene on Friday, February 13, 2026, to approve the unaudited financial results for the third quarter and the first nine months of the fiscal year ending December 31, 2025. The company has also informed the exchanges about the closure of its trading window for designated persons, effective from January 1, 2026, until February 15, 2026, to prevent insider trading.

This announcement comes against a backdrop of challenging financial performance. The company reported a consolidated net loss of ₹850 lakhs for Q2 FY26, a shift from a profit in the prior year quarter, although the net loss attributable to owners narrowed sequentially to ₹1,392.90 lakhs from the previous quarter's ₹2,050.29 lakhs loss. Revenue for Q2 FY26 grew 4.9% year-on-year to ₹82,294 lakhs, but this was accompanied by a sharp 32.6% increase in total expenses. Previously, in Q1 FY25, the company had posted a net loss of ₹1,392.90 lakhs, a significant YoY improvement from the ₹9,118.93 lakhs loss in the corresponding period of the prior year, driven partly by 'Other Income' from warrant divestments.

Financially, the company's balance sheet shows increasing borrowings, standing at ₹588 crore as of March 2025, while reserves have declined. This financial strain is being addressed through strategic initiatives; the company plans to unlock approximately ₹750 crores via equity raises and planned divestments, aiming to reduce debt. A key event is the proposed sale of its material subsidiary, Centrum Housing Finance Limited (CHFL), for approximately ₹430 crore, a deal that has received shareholder approval via postal ballot. On the operational front, its subsidiary Modulus Alternatives has successfully closed its India Credit Opportunities Fund II with commitments exceeding INR 700 crore, indicating positive momentum in alternative asset management. The company also issued a ₹20 crore corporate guarantee for its subsidiary Centrum Wealth Limited's debentures. The outlook remains focused on navigating financial challenges through restructuring and asset monetisation.

Centrum Capital Limited has seen multiple disclosures regarding promoter shareholding. Business Match Services (India) Private Limited, a promoter, has reported various transactions related to the creation and release of pledges on its equity shares in Centrum Capital Limited. As of December 23, 2025, its post-event holding of encumbered shares was reported at 75,403,333 shares (16.41% of total share capital) following creation of a pledge for 300,000 shares due to market price fluctuation.

Strategically, the company has signed a Share Purchase Agreement to divest its entire stake in subsidiary Centrum Housing Finance Limited (CHFL) to Weaver Services Private Limited for approximately ₹430 crore. This transaction, subject to shareholder and regulatory approvals, is expected to be completed within six months. CHFL recorded a turnover of ₹213.66 crore and a net worth of ₹475.07 crore in FY25.

Financially, Centrum Capital reported a consolidated net loss attributable to owners of ₹1,392.90 Lakhs for Q1 FY25, an improvement from the ₹9,118.93 Lakhs loss in the prior year quarter, though a widened loss QoQ. Revenue from operations increased 17.48% YoY to ₹84,627.38 Lakhs. For Q2 FY26, the company reported a consolidated net loss of ₹850 lakhs, which represents a sharp improvement from the ₹10,696 lakhs loss in the prior year quarter. The company plans to unlock ~₹750 crores via equity raises and planned divestments to reduce debt.

In other developments, Centrum Capital's alternative asset management subsidiary, Modulus Alternatives, achieved the final close of its India Credit Opportunities Fund II (ICOF II) with commitments exceeding INR 700 crore. The company also approved a preferential issue of equity shares aggregating ₹149.71 crore and issued a ₹20 crore corporate guarantee for its subsidiary Centrum Wealth Limited's non-convertible debentures.

Shareholder approvals were obtained at the 47th AGM on August 8, 2025, for key strategic decisions, including the adoption of financial statements and fund-raising via securities issuance.

Centrum Capital Limited has announced the issuance of a corporate guarantee totaling ₹20 crore. This guarantee is provided in favor of Beacon Trusteeship Limited, supporting the proposed non-convertible debentures to be issued by its material subsidiary, Centrum Wealth Limited. The guarantee is slated for a term of 13 months. The company has formally classified this commitment as a contingent liability, explicitly stating that it has no immediate impact on its current financial position. This disclosure, made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, adds to the broader context of Centrum Capital's financial standing. Historically, the company has reported net losses, with a high debt-to-equity ratio of 1.24 and significant promoter share encumbrance, making any new financial commitment a point of scrutiny for investors.

Centrum Capital Limited has recently disclosed a series of significant developments ranging from financial results and strategic divestments to promoter share pledges and fund closures.

• Q1 FY26 Financial Results: The company reported a consolidated net loss of ₹850 lakhs for Q1 FY26, an improvement from the ₹10,696 lakhs loss sequentially. Revenue grew 5% YoY to ₹82,294 lakhs. The company plans to unlock ~₹750 crores via equity raises and planned divestments to reduce debt.

• Divestment of Centrum Housing Finance Limited: Centrum Capital has signed a Share Purchase Agreement (SPA) to divest its entire stake in subsidiary Centrum Housing Finance Limited (CHFL) to Weaver Services Private Limited for approximately ₹430 crore. CHFL's turnover for FY25 was ₹21,365.86 Lakh and net worth ₹47,507.53 Lakh. This transaction is subject to shareholder, regulatory, and lender approvals, with an estimated completion within six months.

• Modulus Alternatives Fund Closure: Centrum Capital's alternative asset management subsidiary, Modulus Alternatives, achieved the final close of its India Credit Opportunities Fund II (ICOF II) with commitments exceeding INR 700 crore.

• Promoter Share Pledge: Business Match Services (India) Private Limited, a promoter of Centrum Capital Limited, has reported multiple instances of pledge creation and release of equity shares. Release of pledge on 7,70,89,250 shares (19.75% of total capital) on August 20, 2025. This action, taken due to loan maturity, is filed under SEBI (SAST) Regulations, 2011. The disclosures detail the creation of new pledges on October 6-8, 2025, citing reasons like market price fluctuations, involving lenders such as Aditya Birla Capital, Minsol Limited, Merlin Projects Limited, and Carwin Trading Private Limited. Subsequently, on October 10, 2025, a release of pledge occurred due to part repayment of a loan from Tata Capital Limited.

• Internal Restructuring: Centrum Capital Limited disclosed the completion of an internal restructuring wherein its subsidiary CRSL transferred its entire stake in CIBL to CFSL. The transaction, approved by IRDAI on September 17, 2025, involved a consideration of Rs 13.76 crore. CIBL's turnover was Rs 1,303.39 lakh and net worth Rs 1,136.11 lakh in FY25, contributing 0.38% to consolidated turnover and 16.79% to net worth. CIBL ceases to be a wholly-owned subsidiary.

• Preferential Issue: Centrum Capital approved a preferential issue of 4,35,46,454 equity shares at ₹34.38 per share, aggregating ₹149.71 crore. This action, following shareholder and exchange approvals, enhances the company's capital base and involves allotment to 48 non-promoter investors, with the new shares ranking pari-passu.

• Postal Ballot Results: Centrum Capital Limited has announced the conclusive results of its postal ballot, held via remote e-voting and concluding on October 27, 2025, with results published on October 28, 2025. Shareholders overwhelmingly passed three crucial special resolutions. The most significant strategic decision was the approval for the sale of Centrum Housing Finance Limited, a material subsidiary, which secured a substantial 99.63% of votes in favour. Concurrently, shareholders also gave their assent to cap the aggregate foreign ownership in the company at 49.00%, with 99.66% voting in favour, a key decision for capital management and strategic partnerships. Furthermore, Mr. R. A. Sankara Narayanan's reappointment as an Independent Director was confirmed with 99.63% approval, ensuring governance continuity. The high voter turnout and decisive results reflect strong shareholder confidence in the company's strategic direction and governance.

This SSL Research morning update for December 5, 2025, provides a snapshot of market expectations and key actionable news for investors. The market is anticipated to open flat ahead of the RBI MPC policy outcome, with attention on rate-sensitive sectors like Auto, Banks, NBFCs, and Realty. Global markets showed mixed performance, with Wall Street ending mixed and Asian indices largely trading in the red.

Significant corporate actions highlighted include British American Tobacco's intention to offload shares worth nearly Rs 3,000 crore in ITC Hotels, a move deemed negative in the short to medium term. Positively, Shriram Pistons & Rings Ltd is set to acquire 100% stake in Antolin Lighting India and Grupo Antolin India for an enterprise value of approximately Rs 1,670 crore, expanding its presence in automotive interior and lighting solutions.

Other key developments include positive medium to long-term prospects for Seamec and Lloyds Engineering due to new pacts in offshore vessel charter and radar technology development, respectively. RailTel Corp and Zen Tech have received work orders and supply orders worth Rs 63.9 crore and Rs 120 crore, respectively, from government entities, while Diamond Power secured a Rs 748 crore order from Adani Green for cable supply. Deepak Nitrite's arm commenced operations at a new Nitric acid plant, a neutral short-term development. Excelsoft Tech's partnership with AQA for AI R&D is viewed positively for the medium to long term.

The report also details the subscription status of ongoing IPOs for Meesho, Aequs, and Vidya Wires, with Aequs showing strong subscription figures. Promoters made significant purchases in TGV Sraac, Greenply Industries, Aarti Pharmalabs, Usha Martin, and Maharashtra Seamless. Numerous stocks experienced price band revisions from 10% to 20% or 5% to 10%. Important corporate actions like ex-demerger dates, ex-rights issues, and shares exiting anchor lock-in periods are listed. Fund flow data for December 4th shows net inflows from DIIs (Rs +3,661.1 crore) and net outflows from FIIs (Rs -1,994.2 crore).

Business Match Services (India) Private Limited, a promoter of Centrum Capital Limited, has filed a report under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, dated November 14, 2025, details the release of a pledge on 11,66,667 equity shares of Centrum Capital Limited, representing 0.25% of the total share capital. This release, which took place on November 10, 2025, was attributed to the partial repayment of a loan, with Lloyds Metals and Energy Limited being the beneficiary of the original pledge. This action reduces the total encumbered shares previously held by the promoter. The company has been actively managing its capital structure, including preferential allotments, fundraising, and divestments, alongside reporting net losses in recent quarters (Q1 FY26 and Q2 FY26).

Centrum Capital Limited announced the submission of monitoring agency reports for the quarter ended September 30, 2025. These reports, prepared by Brickwork Ratings India Private Limited, pertain to the utilization of proceeds from two preferential issues.

Preferential Issue of Warrants:
The issue size was Rs 199.99 Crore. As of September 30, 2025, the company had received Rs 49.99 Crore. This received amount was fully utilized, with Rs 29.29 Crore directed towards the prepayment/repayment of debt of the company and Rs 20.71 Crore towards debt repayment of its subsidiaries. The remaining Rs 149.99 Crore of the issue proceeds had not been received by the end of the quarter. The report indicated no deviation from the stated objects.

Preferential Issue of Equity Shares:
This issue had a size of Rs 172.56 Crore. By September 30, 2025, Rs 149.71 Crore had been received. The entire received amount was utilized according to the objects. Specifically, Rs 69.41 Crore was used for debt repayment of the company, Rs 45.11 Crore for debt repayment of subsidiaries, and Rs 35.19 Crore for general corporate purposes. Notably, Rs 35.00 Crore of the general corporate purpose funds was utilized for a loan to group company Centrum Broking Limited for margin money payment to the stock exchange. The monitoring agency found no deviations from the proposed utilization plans.

The reports were placed before the Audit Committee and the Board of Directors of Centrum Capital Limited on November 7, 2025. The filings confirm adherence to regulatory requirements regarding the deployment of funds raised through these preferential issues.

Centrum Capital Limited announced its unaudited consolidated financial results for the quarter and half-year ended September 30, 2025. For the second quarter of FY26 (Q2 FY26), consolidated revenue from operations stood at ₹82,293.89 lakhs, a 4.99% increase year-on-year (YoY) from ₹78,362.80 lakhs in Q2 FY25. Total income was ₹1,09,844.36 lakhs, up 26.59% YoY. However, the company reported a consolidated net loss after tax of ₹850.48 lakhs for Q2 FY26, compared to a net profit of ₹764.04 lakhs in Q2 FY25, indicating a YoY deterioration in profitability. The basic Earnings Per Share (EPS) was ₹(0.96) for Q2 FY26, down from ₹(0.57) in Q2 FY25. Sequentially, there was a significant improvement, with the net loss narrowing from ₹10,696.36 lakhs in Q1 FY26 to ₹850.48 lakhs in Q2 FY26. For the half-year ended September 30, 2025 (H1 FY26), consolidated revenue was ₹1,66,921.27 lakhs, up 11.31% YoY. The net loss for H1 FY26 was ₹11,546.84 lakhs, a slight deterioration from ₹11,423.14 lakhs in H1 FY25. However, the H1 FY26 basic EPS improved to ₹(1.29) from ₹(2.76) in H1 FY25. Strategic initiatives highlighted include promoter equity infusions totaling approximately ₹50 crores in August 2025, with further infusions planned. The company also raised approximately ₹150 crores from HNIs and family offices. A significant move is the planned divestment of Centrum Housing Finance Limited, expected to generate close to ₹400 crores, forming part of a broader strategy to unlock ~₹750 crores for debt reduction. Unity Bank is expanding its network and product suite, including credit cards and new loan types, and has acquired an AD1 license. Modulus Alternatives' second fund (ICOF) closed with over ₹700 crores committed. Investment Banking teams have closed significant mandates, and Centrum Broking reported 11% YoY revenue growth in H1 FY26, outperforming peers. Centrum Wealth manages AUM over ₹41,000 crores.

Centrum Capital Limited announced its Unaudited Financial Results for the quarter and half-year ended September 30, 2025, on November 7, 2025.

Quarterly Performance (Q2 FY26 vs Q2 FY25 - Consolidated):
Revenue from operations increased by 4.9% YoY to ₹82,293.89 lakhs, and Total Income rose significantly by 26.6% YoY to ₹1,09,844.36 lakhs. However, Total Expenses surged by 32.6% YoY to ₹1,13,021.76 lakhs, leading to a consolidated Net Loss After Tax of ₹850.48 lakhs, compared to a Net Profit of ₹764.04 lakhs in the prior year's quarter. Basic Earnings Per Share (EPS) stood at (₹0.96) compared to (₹0.57).

Half-Yearly Performance (H1 FY26 vs H1 FY25 - Consolidated):
For the six months ended September 30, 2025, consolidated revenue grew 11.3% YoY to ₹1,66,921.27 lakhs, and Total Income increased by 34.3% YoY to ₹2,13,934.03 lakhs. Total Expenses rose by 32.3% YoY to ₹2,25,178.57 lakhs. The Net Loss After Tax for H1 FY26 was ₹11,546.84 lakhs, a slight widening from ₹11,423.14 lakhs in H1 FY25. Basic EPS was (₹1.29) compared to (₹2.76).

Standalone Performance:
Standalone results also indicated losses for both the quarter and half-year. The standalone net loss for Q2 FY26 was ₹1,613.94 lakhs, with EPS at (₹0.38), showing a slight reduction in loss compared to the previous year. However, the H1 FY26 standalone net loss widened significantly to ₹4,885.36 lakhs (EPS: (₹1.15)).

Strategic Updates and Outlook:
The company highlighted several strategic actions: Promoter-led equity infusion is planned (approx. ₹50 crores in FY26, ₹100 crores in FY27). It raised approximately ₹150 crores from HNIs and family offices in Q2 FY26. A significant move is the planned divestment of its stake in Centrum Housing Finance Limited, expected to generate close to ₹400 crores. Combined inflows are projected to unlock ~₹750 crores earmarked for debt reduction, aiming to lower financing costs and strengthen the credit profile.

Business Performance Highlights:
Updates were provided on Unity Bank (branch network, new products like credit cards, AD1 license acquisition), Modulus Alternatives (successful fund exits and closings), Investment Banking (debt syndication and ECM deal closures), Centrum Broking (revenue growth outperforming peers), and Centrum Wealth (growing AUM and client base, expanding office network).

The company expressed confidence that the capital raised, liquidity unlocked, and operational momentum across businesses provide a strong foundation for sustainable growth, with a continued focus on prudent financial management.

Centrum Capital Limited shareholders have approved three significant special resolutions through a postal ballot process concluded on October 27, 2025. The key approvals include the sale of Centrum Housing Finance Limited, a material subsidiary, indicating a potential strategic realignment for the company. Additionally, shareholders have sanctioned a cap of up to 49.00% on the aggregate foreign ownership, which could shape future foreign investment strategies and partnerships. The reappointment of Mr. R. A. Sankara Narayanan as an Independent Director was also confirmed. The voting, conducted via remote e-voting from September 28 to October 27, 2025, saw overwhelming support for all resolutions. For the sale of Centrum Housing Finance Limited, 230,994,867 votes (99.6323%) were in favour out of 231,847,268 polled. The foreign ownership cap received 231,068,376 votes (99.6640%) in favour out of 231,847,278 polled. The director's reappointment garnered 230,981,084 votes (99.6264%) in favour out of 231,847,278 polled. These outcomes reflect shareholder confidence and pave the way for management to execute these strategic corporate actions.

Centrum Capital Limited has officially communicated the results of its postal ballot voting, which concluded on October 27, 2025. The company submitted the voting results and the scrutinizer's report to the stock exchanges on October 28, 2025. Shareholders were asked to vote on three special resolutions, all of which received the necessary majority approval.

The first resolution, crucial for the company's strategic direction, was to approve the sale of Centrum Housing Finance Limited, identified as a material subsidiary. The voting outcome demonstrated strong shareholder consent for this divestment, with 230,994,867 votes in favour out of 231,847,268 total votes polled, representing 99.6323% assent.

Secondly, shareholders voted to approve a cap of up to 49.00% on the aggregate foreign ownership in the company. This move likely aims to manage foreign investment levels within regulatory or strategic limits. This resolution received 231,068,376 votes in favour out of 231,847,278 polled, achieving 99.6640% assent.

The third resolution concerned the reappointment of Mr. R. A. Sankara Narayanan as an Independent Director, ensuring continuity in the board's governance structure. This resolution passed with 230,981,084 votes in favour out of 231,472,78 total votes polled (note: the total polled number for this resolution seems to have a typo and should likely be closer to the others, but the assent percentage of 99.6264% is derived from the reported numbers).

The postal ballot, conducted primarily through remote e-voting from September 28, 2025, to October 27, 2025, saw substantial participation from various shareholder categories. The scrutinizer's report details the voting results, confirming that all three resolutions passed with the requisite majority, reflecting decisive shareholder support for these significant corporate actions and governance matters.

NA

Centrum Capital Limited has officially informed the stock exchanges about a rectification concerning the e-voting period for a postal ballot resolution. This announcement, made on October 27, 2025, is a follow-up to their previous communication dated September 27, 2025. The company has revised the e-voting timeline to ensure strict compliance with the provisions of the Companies Act, 2013, and its associated rules. Specifically, the end date of the e-voting period has been adjusted from October 28, 2025, to October 27, 2025. The commencement date, September 28, 2025, remains unchanged. This rectification effectively shortens the voting duration by one day, bringing it down to 30 days from the initially planned 31 days. According to the filing, if the resolution presented in the Postal Ballot Notice is approved by the required majority of members, it shall be deemed to have been passed on the revised last day of e-voting, i.e., Monday, October 27, 2025. The company has emphasized that all other terms and conditions outlined in the original Postal Ballot Notice dated September 27, 2025, are to remain unchanged. This disclosure has been made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Business Match Services (India) Private Limited, a promoter of Centrum Capital Limited, has filed disclosures with the stock exchanges (BSE & NSE) and the target company as per Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosures cover the creation and release of pledge on its equity shares.

Between October 6, 2025, and October 8, 2025, the promoter created new pledges. Specifically, on 06.10.2025, 7,00,000 shares (0.15%) were pledged to Aditya Birla Capital Limited. On 08.10.2025, further pledges were created: 5,00,000 shares (0.11%) to Minsol Limited, 2,50,000 shares (0.05%) to Merlin Projects Limited, and 2,00,000 shares (0.04%) to Carwin Trading Private Limited. The stated reason for these creations was 'Additional pledge due to fluctuation in Market Price'.

Subsequently, on October 10, 2025, Business Match Services (India) Private Limited released a portion of the pledged shares. 22,99,750 shares (0.50%) were released from a pledge held by Tata Capital Limited, attributed to 'part repayment of loan'.

The total promoter holding of Business Match Services (India) Private Limited in Centrum Capital Limited remains 13,44,99,041 shares, representing 29.27% of the total share capital. Following these transactions, the net pledged shares stand at 7,92,64,500, or 17.25% of the total promoter holding.

Centrum Capital Limited has formally submitted a certificate to the National Stock Exchange of India Limited and BSE Limited, as required by Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This certificate was provided by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's Registrar and Share Transfer Agent. The document pertains to the quarter ended September 30, 2025. It confirms that all securities received from depository participants for dematerialization during the period were processed, confirmed (accepted/rejected), and subsequently listed on the stock exchanges where they were originally listed. The registrar also verified that the security certificates received for dematerialization were duly mutilated and cancelled. Following verification, the names of the depositories were substituted in the company's register of members within the prescribed regulatory timelines. Notably, the certificate explicitly states that no requests for rematerialization of securities were received by the registrar during this quarter. This is a routine compliance filing for listed entities.

NA

Centrum Capital Limited has announced the completion of the dispatch of its Postal Ballot Notice, initiating a crucial shareholder voting process. This notice, published in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013, seeks member approval for three significant special resolutions. The primary resolutions concern the proposed sale of Centrum Housing Finance Limited, identified as a material subsidiary of the company. Additionally, shareholders will vote on establishing a cap of up to 49.00% on the aggregate foreign ownership in the company. The third resolution pertains to the reappointment of Mr. R. A. Sankara Narayanan as an Independent Director. The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate remote e-voting for its members. The cut-off date for eligibility was September 19, 2025, with the e-voting period commencing on September 28, 2025, and concluding on October 28, 2025, at 05:00 p.m. IST. The Postal Ballot Notice is accessible on the company's website, CDSL's e-voting portal, and the websites of the BSE and NSE.

Centrum Capital Limited has issued a notice for a postal ballot to seek shareholder approval for three significant special resolutions. Firstly, the company plans to sell its entire stake in its material subsidiary, Centrum Housing Finance Limited (CHFL), to Weaver Services Private Limited for an aggregate consideration of ₹429.77 crore. This divestment is part of a business re-organization strategy aimed at enabling Unity Small Finance Bank Limited to potentially enter the housing finance business in the future. A portion of the sale consideration, ₹50 crore, is deferred and payable within 12 months from closing. Secondly, shareholders will vote on capping the aggregate foreign ownership in the company at 49%. This is a regulatory necessity to ensure Centrum Capital is considered an 'Indian owned and controlled' entity, a prerequisite for acting as a promoter for its Small Finance Bank, Unity Small Finance Bank Limited, as per RBI guidelines. Thirdly, the company proposes the reappointment of Mr. R. A. Sankara Narayanan as an Independent Director for a second term of five consecutive years, commencing from April 3, 2026, to April 2, 2031. This reappointment is based on his experience and performance, having been recommended by the Nomination and Remuneration Committee and approved by the Board. The postal ballot process will be conducted through remote e-voting, commencing on Sunday, September 28, 2025, and concluding on Tuesday, October 28, 2025. The results are expected to be announced within two working days from the conclusion of the e-voting period. No specific financial performance figures or management guidance were provided in this notice, as it focuses on corporate actions and governance matters.

Centrum Capital Limited has officially disclosed a key corporate governance decision: the Board of Directors has approved the re-appointment of Mr. R. A. Sankara Narayanan as an Independent Director. This re-appointment is for a second term, which will run for five consecutive years, commencing April 3, 2026, and concluding on April 2, 2031. A notable aspect of this reappointment is that his office will not be subject to retirement by rotation, providing sustained board stability. The approval was passed via a circular resolution by the Board and is subject to the necessary approval from the company's shareholders.

Mr. R. A. Sankara Narayanan possesses a robust profile, holding a postgraduate degree in Public Administration and an MBA in Finance, alongside professional qualifications like CAIIB. His extensive career in the banking industry includes significant roles such as Executive Director at Bank of India, where he managed crucial departments like treasury, corporate credit, recovery, risk management, and compliance. He further served as the Managing Director and Chief Executive Officer of Vijaya Bank and subsequently of Canara Bank until his superannuation in January 2020. He has also been a board member of South Indian Bank India Limited since October 2020.

Disclosure requirements mandated by SEBI regulations, including those concerning director appointments and profiles, have been adhered to. The company has confirmed that Mr. Narayanan is not related to any other directors on the board and is not debarred from holding a directorship by any SEBI order or other regulatory authority. This announcement pertains to a routine board appointment and does not include any financial results, earnings updates, guidance, or other operational disclosures.

Centrum Capital Limited has formally notified the stock exchanges of an upcoming Board of Directors Meeting. This crucial meeting is scheduled for Friday, November 07, 2025. The primary purpose of this board gathering is to review and approve the Unaudited Financial Results of the company, covering both standalone and consolidated figures, for the second quarter (Q2 FY26) and the first half (H1 FY26) of the financial year ending September 30, 2025.

In conjunction with the announcement of the financial results date, Centrum Capital has also declared a closure of its trading window. As per the company's 'Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons', the trading window for dealing in the equity shares of Centrum Capital Limited will be shut from Wednesday, October 01, 2025, and will remain closed until Sunday, November 09, 2025. This closure, which includes both the start and end dates, is a standard practice to ensure compliance and prevent any potential misuse of unpublished price-sensitive information by designated employees and insiders prior to the public announcement of financial results. The company will make the notice of the board meeting available on its official website and the websites of the BSE and NSE, as per listing regulations.

Centrum Capital Limited has announced that its Board of Directors will meet on Friday, November 07, 2025, to consider and approve the unaudited financial results for the second quarter and first half-year ending September 30, 2025. The company has also informed that the trading window for trading in the equity shares of the Company will be closed from Wednesday, October 01, 2025, to Sunday, November 09, 2025 (both days inclusive). This closure is in accordance with the company’s Code of Conduct for designated persons. Notices regarding the Board Meeting will be available on the company's website and the stock exchanges.

Centrum Capital Limited has announced the successful completion of the transfer of its wholly-owned subsidiary, Centrum Insurance Brokers Limited (CIBL). The transaction involved moving CIBL's entire 100% shareholding from another wholly-owned subsidiary, Centrum Retail Services Limited (CRSL), to Centrum Financial Services Limited (CFSL), also a subsidiary of Centrum Capital. This transaction received the final regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI) on September 17, 2025. Following the completion of this share transfer, CIBL is no longer considered a wholly-owned subsidiary of Centrum Capital. The initial agreement for this share purchase was signed on January 15, 2025. The consideration received from the sale by CRSL to CFSL was Rs. 13,76,00,000/- (Rs 13.76 crore). CFSL is identified as a subsidiary where Centrum Capital holds 99.9976% equity. The buyer is not part of the promoter or promoter group. The transaction is confirmed as a related party transaction but was undertaken at an arms' length basis. For the financial year 2024-25, CIBL reported a turnover of Rs. 1,303.39 lakh and a net worth of Rs. 1,136.11 lakh. CIBL's contribution to Centrum Capital's consolidated figures for FY 2024-25 was 0.38% of the consolidated turnover and 16.79% of the consolidated net worth. No financial results, guidance, or other operational metrics for Centrum Capital itself were provided in this disclosure. The focus is solely on the completion of this inter-subsidiary share transfer.

NA

NA

Centrum Capital Limited has announced that its subsidiary, Modulus Alternatives Investment Managers Limited, has achieved the final close of its India Credit Opportunities Fund II (ICOF II) with commitments surpassing INR 700 crore. This fund is a Category II Alternative Investment Fund (AIF) focused on investing in performing private credit opportunities across India.

ICOF II witnessed significant participation from marquee family offices, institutions, High Net Worth Individuals (HNIs), and Ultra High Net Worth Individuals (UHNIs), indicating strong investor confidence in Modulus Alternatives' investment strategy. The fund aims to provide growth and refinancing capital to performing, mid-market businesses in India. To date, ICOF II has invested over INR 1,156 crore in 11 companies across sectors like pharmaceuticals, energy, financial services, auto ancillary, and healthcare.

Performance highlights for ICOF II include consistent quarterly income distributions, yielding an annualized cash income distribution rate of 10.00% (including TDS), and returning more than INR 43 crore to investors. Furthermore, ICOF II has been awarded the CARE AIF 1 grading by CareEdge Analytics & Advisory, which is the highest grading assigned to AIFs by the agency.

Cumulatively, across its credit platform (including Fund I and II), Modulus Alternatives has deployed INR 2,946 crore between the fund and other investors across 26 transactions. The firm has successfully exited 16 investments, returning over INR 1,690 crore to investors. Notably, its maiden fund, Centrum Credit Opportunities Fund (CCOF), announced its maturity and complete exit in January 2025, achieving a gross Internal Rate of Return (IRR) exceeding 17%.

The news underscores Centrum Capital's strategic expansion in the alternative asset management sector, particularly in private credit, demonstrating robust fundraising capabilities and successful fund management. The strong investor backing and high credit grading suggest positive momentum for the asset management business.

Centrum Capital Limited has announced the approval and allotment of equity shares via a preferential issue. The Fund Raising Committee of the company, via a resolution passed on August 28, 2025, approved the allotment of 4,35,46,454 equity shares. These shares were issued at a price of ₹34.38 per share, aggregating a total amount of ₹1,49,71,27,088.52 (approximately ₹149.71 crore). This fund-raising exercise was conducted in accordance with SEBI regulations, including Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The necessary approvals were obtained, including from the shareholders at the 47th Annual General Meeting held on August 8, 2025, and in-principle approvals from BSE Limited and the National Stock Exchange of India Limited dated August 13, 2025. The allotment was made to 48 non-promoter investors. Post this allotment, the issued and paid-up equity share capital of Centrum Capital Limited has increased from ₹41.60 crore to ₹45.96 crore, comprising an increase of over 4.35 crore equity shares. These new shares will rank pari-passu with existing equity shares.

Business Match Services (India) Private Limited, a promoter of Centrum Capital Limited, has filed a disclosure to both BSE Limited and National Stock Exchange of India Ltd. The filing is made under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing the creation of a pledge on its equity shares. Specifically, 12,00,000 equity shares of Centrum Capital Limited, equating to 0.29% of the company's total share capital, were pledged on August 21, 2025. This encumbrance was created in favour of Ms. Shalini Verma, reportedly for a fresh loan requirement. Prior to this event, Business Match Services held 13,44,99,041 shares (32.33% of total capital) and had 7,51,14,250 shares (18.05% of total capital) already encumbered. Post the new pledge, the total number of shares encumbered by the promoter now stands at 7,63,14,250, representing 18.34% of the total share capital.

This compilation of notices primarily features a communication from Centrum Capital Limited regarding the 'Saksham Niveshak' campaign, a 100-day initiative by the Investor Education and Protection Fund (IEPF) to encourage shareholders to update their KYC details, bank mandates, and claim unclaimed dividends. The campaign aims to prevent the transfer of dividends and shares to the IEPF. The majority of the document consists of various public notices from leading banks, including State Bank of India, Canara Bank, and Bank of Baroda. These notices pertain to the e-auction of immovable properties and gold ornaments under the SARFAESI Act, 2002, and other recovery mechanisms, due to loan defaults by specific borrowers. The notices provide details of outstanding dues, property descriptions, reserve prices, earnest money deposit amounts, and auction dates. Additionally, several municipal corporations, such as Brihanmumbai Municipal Corporation and Thane Municipal Corporation, have issued tender notices for various services like hiring of PA systems and printing works, indicating routine procurement activities. There are also mentions of court cases and specific financial irregularities concerning individuals, but no overarching company financial performance data, market outlook, or significant corporate actions impacting listed entities beyond the initial Centrum Capital announcement are present.

Centrum Capital Limited announced a significant strategic divestment by signing a Share Purchase Agreement (SPA) on August 22, 2025, to sell its entire stake in its subsidiary, Centrum Housing Finance Limited (CHFL), to Weaver Services Private Limited for approximately ₹430 crore. This transaction is subject to obtaining necessary shareholder, regulatory, and other commercial third-party approvals, with an expected completion timeline of approximately six months.

Financially, for the fiscal year 2024-25, CHFL reported a turnover of ₹21,365.86 Lakh (approximately ₹214 crore) and a net worth of ₹47,507.53 Lakh (approximately ₹475 crore). CHFL's contribution to Centrum Capital's consolidated turnover stood at 6.12%, while its contribution to the consolidated net worth was a notable 701.98% for the same period. As of June 30, 2025, CHFL managed an Assets Under Management (AUM) of approximately ₹1,640 crore, operating across 100 locations and serving over 18,000 customers with various housing loan products.

The buyer, Weaver Services Private Limited, is a new-age housing finance company founded in April 2024 by Satrajit Bhattacharya, and it is backed by marquee investors including Premji Invest, Lightspeed Ventures, and Gaja Capital. Weaver plans to enhance credit assessment through advanced technologies like analytics, machine learning, data science, and artificial intelligence. The company recently completed its first acquisition of Capital India Home Loans in August 2025. The sale of CHFL signifies a strategic move by Centrum Capital to potentially streamline its business portfolio and focus on other growth areas, including its banking operations with Unity Small Finance Bank. The transaction saw E&Y and J. Sagar Associates advising Centrum Capital, while KPMG and Khaitan & Co advised Weaver Services.

Business Match Services (India) Private Limited has filed a regulatory disclosure with the stock exchanges (BSE, NSE) and Centrum Capital Limited, under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing details the release of a pledge on equity shares held in Centrum Capital Limited. The promoter, Business Match Services (India) Private Limited, holds 13,44,99,041 shares, representing 32.33% of the total share capital. Prior to this event, 7,70,89,250 shares, constituting 19.75% of the total share capital, were encumbered. The company reported the release of this pledge on 7,70,89,250 shares (19.75% of total capital) on August 20, 2025, citing the maturity of a loan as the reason. Following this release, the promoter's holding remains 13,44,99,041 shares (32.33%), with zero shares now encumbered. No financial performance metrics, guidance, or concall commentary are included in this disclosure.

NA

Business Match Services (India) Private Limited has submitted regulatory disclosures to BSE and NSE under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated August 12, 2025. The filing pertains to the creation and release of pledged equity shares held by Business Match Services in Centrum Capital Limited. Key events reported include the release of 5,00,000 shares from pledge on August 6, 2025, attributed to market price fluctuations, followed by another release of 5,00,000 shares on the same day. A further release of 29,00,000 shares occurred on August 7, 2025, also due to market price fluctuations. Subsequently, a creation of a pledge for 35,00,000 shares took place on August 11, 2025, related to obtaining fresh loans. The promoter, Business Match Services, holds a total of 13,44,99,041 shares, representing 32.33% of Centrum Capital Limited's total share capital. Post these events, specific encumbrances are detailed, including 7,65,89,250 shares (18.41%) pledged to KRCHOICSEY FINANCIAL SERVICES PVT LTD, 7,60,89,250 shares (18.29%) to TALLAND MARKETING PRIVATE LIMITED, 7,31,89,250 shares (17.59%) to ADITYA BIRLA FINANCE LIMITED, and 7,66,89,250 shares (18.3%) to MERLIN PROJECTS LIMITED. This activity indicates the promoter's ongoing management of their pledged holdings. No quarterly/annual results, guidance, concall commentary, financials, or outlook are part of this disclosure.

The 47th Annual General Meeting (AGM) of Centrum Capital Limited was held on August 8, 2025, via video conference, during which all thirteen resolutions presented were passed by the shareholders. Key approvals included the adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2025. Ordinary business also involved the re-appointment of Mrs. Mahakhurshid Byramjee as a director, which received 83.46% approval from public institutions, indicating some dissent. Special business resolutions passed include the appointment of Mr. Umesh P Maskeri as Secretarial Auditor for five years, and the appointment of Mr. Subhash Kutte, Mr. Rajeev Uberoi, and Mr. Basant Seth as directors. Shareholders also approved proposals for raising funds, authorising material related party transactions concerning corporate guarantees and debt with subsidiaries (where public non-institutions showed significant opposition with over 37% 'against' votes for some items), authorising donations to charitable funds, and the issuance of equity shares on a preferential basis.

Centrum Capital Limited held its 47th Annual General Meeting (AGM) on Friday, August 8, 2025, via video conference. During the meeting, all 13 resolutions presented to the shareholders were passed with the requisite majority, as confirmed by the scrutinizer's report. The approved resolutions included:

• Ordinary Business: Adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2025, along with the Board's and Auditors' reports. The re-appointment of Mrs. Mahakhurshid Byramjee as a director retiring by rotation was also approved.
• Special Business: Appointment of Mr. Umesh P Maskeri as the Secretarial Auditor for a term of five years. Appointments of Mr. Subhash Kutte, Mr. Rajeev Uberoi, and Mr. Basant Seth as directors (non-executive, non-independent, and independent, respectively) were approved. Authorization was granted for raising funds through the issue of securities, subject to regulatory approvals. Several material related-party transactions were also approved, including corporate guarantees for subsidiaries, debt transactions (granted to/received from or inter-se between subsidiaries), and other transactions with subsidiaries/associates. The authorization for making charitable donations was also passed.

The voting results showed high percentages of votes in favour across promoter, public institutions, and public non-institutions for most resolutions. For example, for the adoption of financial statements (Item 1), the total votes in favour were 235,324,401 out of 235,324,638 votes polled, representing 99.9999% in favour. The promoter group voted unanimously in favour of all resolutions. The news document does not contain specific financial performance metrics, year-on-year comparisons, management guidance, or details on future outlook, focusing solely on the outcomes of the AGM resolutions.

The 47th Annual General Meeting (AGM) of Centrum Capital Limited was held on Friday, August 8, 2025, via video conference. All 13 resolutions presented to the shareholders were passed with the requisite majority, as confirmed by the Consolidated Scrutinizer's Report.

In the Ordinary Business section, shareholders approved the adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2025, along with the reports of the Board of Directors and Auditors. Resolution Item 2, concerning the re-appointment of Mrs. Mahakhurshid Byramjee as a Director retiring by rotation, was also passed as an Ordinary Resolution. Further Ordinary Resolutions were passed for material related party transactions, including corporate guarantees for subsidiaries, debt transactions with subsidiaries, and authorization for charitable donations.

Under Special Business, shareholders passed Ordinary Resolution Item 3 for the appointment of Mr. Umesh P Maskeri as the Secretarial Auditor for a term of five consecutive years. Special Resolutions were passed for the appointment of Mr. Subhash Kutte as a Non-Executive, Non-Independent Director (Item 4), Mr. Rajeev Uberoi as an Independent Director (Item 5), and Mr. Basant Seth as an Independent Director (Item 6). Additionally, shareholders approved the raising of funds through the issue of securities (Item 7) and the issuance of equity shares on a preferential basis (Item 13), subject to regulatory approvals. The approvals indicate the company's forward-looking strategy for growth and financial operations.

Centrum Capital Limited announced its unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26). On a consolidated basis, revenue from operations stood at ₹84,627.38 Lakhs, reflecting an 18.2% year-on-year (YoY) increase but a 24.2% decrease quarter-on-quarter (QoQ). Total income was ₹104,089.67 Lakhs (YoY +43.6%). Total expenses grew 31.9% YoY to ₹112,156.81 Lakhs. The company reported a net loss after tax of ₹10,696.36 Lakhs, which is an improvement from the ₹12,187.18 Lakhs loss in Q1 FY25. The net loss attributable to owners narrowed to ₹1,392.90 Lakhs YoY from ₹9,118.93 Lakhs. Basic EPS was ₹(0.33) (YoY improvement from ₹(2.19)). Major expense increases YoY included finance costs (₹44,961.42 Lakhs, +30.5%) and impairment on financial instruments (₹17,755.56 Lakhs, +43.9%). The Banking Business segment reported a significant loss of ₹18,995.42 Lakhs. On a standalone basis, revenue from operations fell 21.0% YoY to ₹429.80 Lakhs. The company incurred a net loss of ₹2,371.36 Lakhs, a deterioration from a ₹1,535.54 Lakhs loss in Q1 FY25, with standalone basic EPS at ₹(0.79). A subsidiary, CFSL, divested warrants for ₹185.84 crores.

Centrum Capital Ltd reported its consolidated financial results for the quarter ended June 30, 2025 (Q1 FY25). The company incurred a net loss attributable to owners of ₹1,392.90 Lakhs, showing a significant YoY improvement from a loss of ₹9,118.93 Lakhs in Q1 FY24. However, this represents a widened loss compared to the ₹2,050.29 Lakhs loss in Q4 FY25.

Total revenue from operations stood at ₹84,627.38 Lakhs, up 17.48% YoY from ₹71,604.42 Lakhs but down 24.18% QoQ from ₹1,11,624.82 Lakhs. Total income saw a substantial YoY increase of 43.57% to ₹1,04,089.67 Lakhs, driven largely by 'Other Income' of ₹19,462.29 Lakhs, which was bolstered by the divestment of warrants by a subsidiary (CFSL) for ₹185.84 crores. Total expenses, however, also rose by 31.90% YoY to ₹1,12,156.81 Lakhs, leading to a consolidated loss before tax of ₹8,067.14 Lakhs for the quarter.

On a segment basis, the Banking Business reported a significant loss before tax of ₹18,995.42 Lakhs for Q1 FY25. The Institutional Business and Wealth Management segments also reported losses before tax, while the Housing Finance segment posted a small profit before tax.

A notable event during the quarter was the sale of the company's entire investment in its subsidiary, Centrum Broking Limited, which resulted in an exceptional item (loss) on the standalone financial results.

Business Match Services (India) Private Limited, a promoter of Centrum Capital Limited, has submitted disclosures to the stock exchanges (BSE and NSE) and Centrum Capital Limited as per Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure pertains to the creation of pledges on its equity shares held in Centrum Capital Limited. The promoter, Business Match Services (India) Private Limited, holds a total of 13,44,99,041 shares, representing 32.33% of Centrum Capital's total share capital. Prior to these events, 7,07,89,250 shares (17.02%) were already encumbered. On July 30, 2025, Business Match Services created a pledge on 35,00,000 shares (0.84%) in favour of MINSOL LIMITED and another pledge on 6,00,000 shares (0.14%) in favour of FINANCIAL SERVICES PVT LTD, both related to fresh loans. On August 1, 2025, a further pledge of 22,00,000 shares (0.53%) was created in favour of ASHOK METHARANI BHAWNANI, also for a fresh loan. Following these creations, the promoter's total number of encumbered shares has increased to 7,70,89,250, representing 18.53% of the total share capital. These disclosures are standard reporting for any encumbrance event by promoters under SEBI regulations, indicating the promoter is leveraging its shareholding, likely for funding requirements.

Centrum Capital Limited has issued a corrigendum for its 47th Annual General Meeting (AGM) notice, fulfilling regulatory disclosure requirements under SEBI LODR. This update was published in English and Marathi newspapers. Concurrently, Bank of Baroda and Canara Bank have released extensive public notices under the SARFAESI Act, 2002. These notices detail various debt recovery actions taken against multiple defaulting borrowers and their guarantors. Specific notices from Bank of Baroda address entities like M/s Dhanraj Distributor and M/s Amruta Properties, covering properties in Bhiwandi, Thane, and Mumbai. These notices specify that physical possession of secured assets was taken as early as November 2018 and call for payment within 30 days to redeem assets, failing which public e-auctions will be conducted. Canara Bank has also issued several SARFAESI notices, including those for M/s. Satcharitra Realtors LLP and M/s. Anand Properties (I) Pvt. Ltd., detailing significant outstanding amounts and scheduled property auctions. The notices outline procedures for online bidding, earnest money deposits, and auction dates for various properties. The news does not provide any financial results, management guidance, or outlook for Centrum Capital Limited. The SARFAESI notices are primarily focused on debt recovery actions against third-party borrowers and do not reflect Centrum Capital's own financial performance or strategic operations.

Centrum Capital Limited has announced the Board of Directors' approval for the allotment of 7,01,26,225 warrants, fully convertible into equity shares, to JBCG Advisory Services Private Limited, an entity within the promoter group. The issue price for these warrants is fixed at ₹28.52 per warrant, aggregating to a total of ₹199,99,99,937 (approximately ₹200 crore).

The company has received 25% of the total amount, amounting to ₹49,99,99,984.25, with the balance payable by the warrant holder within 18 months from the allotment date upon exercise of the warrants. This allotment is a preferential issue for cash consideration and has received shareholder approval via postal ballot on June 25, 2025, and in-principle approvals from the National Stock Exchange of India Limited and BSE Limited on July 31, 2025. The warrants are being allotted in electronic form and are subject to lock-in provisions as per SEBI ICDR Regulations. Currently, there is no change in the company's paid-up equity share capital as the warrants are yet to be converted into shares.