Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Sale of Stake in Centrum Housing Finance Limited
CENTRUM · price
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Centrum Capital has completed the sale of its entire stake in its material subsidiary, Centrum Housing Finance Limited (CHFL), to Weaver Services Private Limited. The deal was originally signed via a Share Purchase Agreement on August 22, 2025, and received RBI approval for change in control on February 3, 2026. With the sale closing on March 18, 2026, CHFL will no longer be a subsidiary of Centrum Capital. This marks a full exit of Centrum Capital from the housing finance business.
Shareholders should note that Centrum Capital has divested a key subsidiary, which will reduce consolidated revenue and earnings from the housing finance segment but brings in cash from the divestiture. The focus of the company will now shift to its remaining businesses, and the stock may react based on the sale consideration and use of proceeds, which have not been disclosed in this filing.