RBI approves Centrum Capital's sale of housing finance arm to Weaver Services

Core Business DivestedStrategic Transactions View source PDF Explain this filing

CENTRUM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.8%Reaction day

₹25.01

prior close

₹25.01

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+1.4% vs market

Other Financial Services peers, median of 84sector+0.0%+2.7% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 2.7 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.0

10m

+1.6

15m

+1.6

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8+1.3+1.4+0.0+2.7

Next day

+0.7+0.3+0.4+0.5+0.2

+3.6-0.5+4.1+0.0+3.6

+5.5+2.1+3.4+0.3+5.2

+4.3+3.1+1.2+1.4+2.9

+10.8+2.6+8.2+0.7+10.0

+4.2+0.6+3.7+1.6+2.6

15d

-4.2-1.4-2.8-1.7-2.5

-8.8-6.9-1.9-5.5-3.3

+10.4-7.7+18.1-4.5+14.9

-0.8+7.0-7.8+3.3-4.2

UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 84Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Centrum Capital had signed a Share Purchase Agreement in August 2025 to sell its entire stake in subsidiary Centrum Housing Finance (CHFL) to Weaver Services. CHFL has now received RBI approval on Feb 3, 2026 for the change in control and acquisition by Weaver Services. The deal closure still depends on fulfilment of other conditions precedent in the agreement.

Likely market impact

Removes a material subsidiary, simplifying the group. Deal proceeds could strengthen balance sheet, but final closure is still pending.