Centrum Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/05/2025 ,inter alia, to consider and approve Please find attached the addendum ....
CENTRUM · price
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Centrum Capital has informed the stock exchanges that its Board will meet on May 16, 2025 to consider and approve a proposal for raising funds. The funds may be raised by issuing equity shares or other eligible securities, through routes such as private placement, a Qualified Institutions Placement (QIP), a preferential issue, or any combination of methods permitted under law. This addendum updates an earlier announcement made on March 27, 2025 about the same board meeting. Any fund-raising plan will also need shareholder approval through a general meeting or postal ballot, along with other regulatory clearances. The intimation has been filed under SEBI Listing Regulations and will be uploaded on the company's website and on the BSE and NSE portals.
This is a forward-looking intimation and does not, by itself, confirm any issue. Depending on the size, mode and price decided at the May 16 meeting, existing shareholders could face equity dilution, while the stock may react once concrete details (instrument, size and use of funds) are disclosed after the board decision.