Centrum Capital Limited has informed the Exchange regarding Corrigendum to Notice of Annual General Meeting to be held on August 08, 2025
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Centrum Capital has issued a corrigendum to its 47th AGM notice (scheduled for August 8, 2025 via video conference), updating details around the proposed preferential allotment of equity shares under Item No. 13 of the AGM notice. The corrigendum revises the shareholding pattern, listing the names of 55 proposed allottees (including funds, LLPs, HUFs, and individuals) along with their ultimate beneficial owners, clarifies the 90-trading-day lock-in period, and adds disclosure of an independent registered valuer (Mr. Kalyanam Bhaskar) who priced the issue. Under the proposed issue, total shares will rise from 41.60 crore currently to 46.62 crore (excluding warrants) or 53.64 crore on a fully diluted basis if all warrants are subscribed — implying dilution of around 12-29%. Promoter holding will shift from 38.49% to 34.35% (excluding warrants) or rise to 42.93% on full conversion, reflecting promoter participation of 7.01 crore shares. The original AGM notice also seeks approval to raise up to ₹1,000 crore through securities and to approve material related-party transactions (corporate guarantees and inter-company debt) with subsidiaries like Centrum Broking, Centrum Housing Finance, and Centrum Financial Services.
Shareholders should review the corrigendum before voting at the August 8 AGM, as it materially updates the proposed preferential allotment terms, allottees list, and resulting dilution. The preferential issue and broader ₹1,000 crore fund-raising plan could significantly expand the share base and impact promoter holdings, potentially affecting share price and voting power.