Centrum Capital Limited has informed the Exchange about Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals
CENTRUM · price
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Centrum Capital's subsidiary, Centrum Broking Limited (CBL), has been granted a Certificate of Registration by SEBI to operate as a Category-I Merchant Banker. The registration number is INM000013420 and is effective from March 11, 2026. As a Category-I Merchant Banker, CBL can now undertake the full range of merchant banking activities including issue management, advisory, and underwriting. The license is perpetual in validity. This expands the group's capabilities in capital markets services beyond broking.
Positive for Centrum Capital shareholders — the subsidiary now has a higher-value SEBI license that opens up new revenue streams in investment banking and advisory, potentially boosting future earnings. No negative impact or penalty is involved.