Announced Thu, 2 Jul · 18:54 IST
Centrum Capital acquires final stake in CFSL; CFSL now wholly-owned
CENTRUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.6%1-day move
₹24.97
prior close
₹25.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+1.2+0.9+1.1+3.6-1.5-2.4-1.9-1.5-0.2-4.9———
Up moveDown movePending
AI summary
Centrum Capital bought 2,500 equity shares (0.0024%) of its subsidiary Centrum Financial Services Limited (CFSL) from an external investor. This makes CFSL a wholly-owned subsidiary of Centrum Capital. The transaction is not a related party transaction. The company filed this disclosure voluntarily, stating the event is not material under SEBI Listing Regulations.
Likely market impact
Minor housekeeping purchase with no material financial impact. Makes CFSL a wholly-owned subsidiary for cleaner corporate structure.