Centrum Capital Limited — Board Meeting, 24-01-2025: Outcome of Board Meeting

The Board of Directors of Centrum Capital Limited has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a total income of ₹2487.42 crore, while the total expenses amounted to ₹2698.55 crore, resulting in a net loss of ₹178.11 crore. Additionally, the board has authorized the issuance of equity shares on a rights basis, raising up to ₹150 crore, with the terms to be finalized by the Fund Raising Committee. Investors should keep an eye on potential implications for their shares as the company moves forward with these strategic decisions.