CENTRUMBSECentrum Capital LtdHighPositive
Announced Mon, 21 Apr · 12:59 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 21, 2025 for JBCG Advisory Services Pvt Ltd

Pledge ReleasedOwnership Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

JBCG Advisory Services Pvt Ltd, a promoter of Centrum Capital Ltd, has released a pledge on 1,00,000 equity shares (0.02% of total share capital) with Cholamandalam Investment and Finance Company Ltd. The release was made on April 21, 2025, on account of part repayment of a loan. Post-release, the promoter continues to hold 2,56,34,537 shares (6.16% of the company) in Centrum Capital, with 1,68,00,000 shares (4.04%) still encumbered. The disclosure was filed under Regulation 31(1) and 31(2) of the SEBI Takeover Regulations.

Likely market impact

This is a routine pledge release due to partial loan repayment, indicating reduced financial leverage and lower encumbrance on the promoter's holdings. The impact on shareholders is neutral — only a small portion of shares (0.02%) was released, and the promoter's overall stake remains unchanged at 6.16%.