Centrum Capital Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
CENTRUM · price
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Centrum Capital Limited conducted a postal ballot between May 27, 2025 and June 25, 2025 to seek shareholder approval for issuing convertible warrants on a preferential basis (Special Resolution). The resolution was passed with overwhelming support, with 99.9968% of votes polled in favour (232,362,798 votes) against just 7,375 dissenting votes. Total voting participation stood at 55.85% of outstanding shares (232,370,173 out of 416,032,740 shares), with 38,686 shareholders on record. The promoter group, which is interested in the resolution, polled 100% of their shares in favour, while public non-institutions voted 99.99% in favour. The scrutinizer, Mr. Umesh P. Maskeri, confirmed the resolution was passed with the requisite majority.
Shareholders have cleared the way for the company to issue convertible warrants on a preferential basis, which will raise capital but dilute existing shareholders once the warrants are converted into equity. The near-unanimous approval reflects strong shareholder backing for the fund-raising move.