Centrum Capital Limited — Others, 11-03-2025: Shareholders meeting

Centrum Capital Limited has announced a board meeting to seek approval from its members via Postal Ballot for the re-appointment of Mr. Jaspal Singh Bindra as Executive Chairman for three years, starting April 21, 2025. His proposed annual remuneration includes a fixed salary of ₹6 crore (cr), a housing perquisite of ₹1.2 cr, and a committed bonus of 80% of the salary. Mr. Bindra brings extensive experience from top financial institutions and has led significant growth initiatives within the company. This strategic move is likely to sustain positive investor sentiment as the company aims to stabilize and grow its business amid recent challenges.