Centrum Capital expands equity with $1.49 bn preferential share allotment
Centrum Capital Limited has approved the allotment of 4,35,46,454 equity shares on a preferential basis, as announced on August 28, 2025. This decision follows shareholder approval at the company's 47th Annual General Meeting on August 8, 2025, and in-principle approvals from BSE Limited and the National Stock Exchange of India Limited on August 13, 2025.
The shares were allotted at an issue price of ₹34.38 per equity share, totaling ₹1,49,71,27,088.52. This transaction involved 48 non-promoter investors, and the new shares will rank pari-passu with existing equity shares.
Post-allotment, the company's issued and paid-up equity share capital increased from 41,60,32,740 shares to 45,95,79,194 equity shares, each with a face value of ₹1/-. Applications for listing and trading approval of these new equity shares will be made to the stock exchanges in due course.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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