Centrum Capital Limited — Important, 16-05-2025: General Updates

Centrum Capital has announced a board meeting on May 16, 2025, approving FY25 financial results with a consolidated net loss of ₹148.5 Cr, mainly due to an exceptional loss from overseas subsidiary sales. Banking posted marginal profit, while housing finance and wealth management showed strong revenue and profit growth. The company plans to raise up to ₹1000 Cr each via non-convertible debentures and rights/private placements. Three new directors were appointed. Modulus Alternatives delivered a 17% IRR on its first fund, with the second fund nearing closure.