Centrum Capital Limited — Others, 16-05-2025: Appointment
Centrum Capital has announced a board meeting on the approval of consolidated and standalone audited financial results showing a consolidated net loss of ₹148.5 Cr and standalone net loss of ₹66.9 Cr. The company plans to raise up to ₹1,000 Cr through NCDs and another ₹1,000 Cr via rights issue or private placement, along with issuing warrants worth up to ₹200 Cr to a promoter group entity. Key appointments include new directors and a secretarial auditor for five years. Wealth management, institutional equities, affordable housing finance, and Unity Small Finance Bank posted operating profits, with the bank reporting ₹60.22 Cr profit. Investment banking closed equity deals of ₹2,200 Cr and debt deals of ₹9,000 Cr. Modulus Alternatives’ first fund delivered a 17.01% gross IRR, with the second fund expected to close soon.
