Centrum Capital Ltd Allots Equity Shares Following Conversion of Warrants
Centrum Capital Ltd announced on March 27, 2026, that its Board of Directors approved the allotment of equity shares resulting from the exercise of warrants. JBCG Advisory Services Private Limited, a Promoter Group Entity, exercised 2,72,50,000 warrants, which were fully converted into an equal number of equity shares with a face value of ₹1 each. The issue price for these shares was ₹28.52, including a premium of ₹27.52.The company received ₹58,28,77,500, representing 75% of the issue price, from JBCG for the exercise of these warrants.
The details of the allotment are as follows:
| Total Warrants Allotted to JBCG | No. of Warrants Exercised | Proportionate Up-front Consideration (25%) Received | Amount Received on Exercise of Warrants (75%) | No. of Warrants Pending for Conversion |
|---|---|---|---|---|
| 7,01,26,225 | 2,72,50,000 | ₹19,42,92,500 | ₹58,28,77,500 | 4,28,76,225 |
Prior to the exercise, the promoter group held 16,47,67,596 shares, representing 35.85% of the equity. Post-exercise, the promoter group’s holdings increased to 19,20,17,596 shares, representing 39.44% of the equity.
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