Centrum Capital Limited has informed the Exchange regarding allotment of 70126225 Warrants fully convertible into Equity Shares on Preferential basis vide resolution passed through circulation on August 01, 2025.
CENTRUM · price
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On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.9 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Centrum Capital has allotted 7,01,26,225 fully convertible warrants to JBCG Advisory Services Private Limited, a promoter group entity, at Rs. 28.52 per warrant, aggregating to about Rs. 200 crores on a preferential basis. The company has already received 25% of the total amount (Rs. 50 crores), with the balance due within 18 months when the warrants are exercised and converted into equity shares. The allotment was approved by shareholders via postal ballot on June 25, 2025, and received in-principle approvals from BSE and NSE on July 31, 2025. Since the warrants have not yet been converted into shares, there is no immediate change in the paid-up equity capital of the company. The warrants are subject to applicable lock-in requirements under SEBI ICDR regulations.
This is a promoter group infusion of capital which signals confidence from the promoters but also indicates potential equity dilution in the future once the warrants are exercised. The stock may see short-term pressure due to the dilution overhang, though the actual share count will only increase when warrants are converted within 18 months.