Centrum Capital Capital Structure Change
Centrum Capital allotted 116.88 lakh equity shares at Rs. 28.52 each via warrant exercise. The allotment raises approximately Rs. 33.33 Crore in fresh capital.
- Value
- ₹33.33 Cr
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Every Centrum Capital capital structure change announcement on NSE and BSE, newest first, each with its own page.
Time
4 announcements
Centrum Capital allotted 116.88 lakh equity shares at Rs. 28.52 each via warrant exercise. The allotment raises approximately Rs. 33.33 Crore in fresh capital.
Centrum Capital allotted 1.17 Crore shares at ₹28.52 to promoter JBCG upon warrant conversion. Balance ₹25 Crore received; promoter stake rises to 40.86%.
Centrum Capital promoter JBCG Advisory Services increased its stake by converting 2,72,50,000 warrants and purchasing 27,69,371 shares from the open market. This transaction raised the acquirer's holding from 5.58% to 11.43%. Such moves signal strong promoter confidence in the company's long-term value.
Centrum Capital Ltd's promoter group, JBCG Advisory Services, increased its stake from 5.58% to 11.43% following the conversion of warrants and open market acquisitions. The transaction involved the acquisition of 3,00,19,371 equity shares, significantly strengthening the promoter's holding and voting rights in the company.