CENTRUMBSECentrum Capital LtdHighPositive
Announced Wed, 14 May · 11:59 IST

The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 14, 2025 for JBCG Advisory ....

Pledge ReleasedOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

JBCG Advisory Services Private Limited, a promoter of Centrum Capital Ltd, has submitted a revised disclosure regarding the release of a pledge on 1,00,000 equity shares (0.02% of share capital) on 11 April 2025. The pledge was released due to repayment of a loan owed to Cholamandalam Investment and Finance Company Limited. Post-release, the promoter's encumbered holding stands at 1,67,00,000 shares (4.01% of share capital), against a total promoter holding of 2,56,34,537 shares (6.16%). The revision corrects an error in the previously filed 'Post event holding of encumbered shares' figure.

Likely market impact

This is a routine correction of a small pledge release (just 0.02% of shares), signaling partial loan repayment and a slight reduction in encumbered promoter holdings — unlikely to materially affect the stock price.