Centrum Capital Limited — Others, 16-07-2025: Addendum
16-07-2025 | 05:15 pm
16-07-2025 | 05:15 pm
Centrum Capital will seek shareholder approval for a preferential equity share issue to raise Rs 172.56 crore. The company plans to allot 5.02 crore shares at Rs 34.38 each to 55 non-promoter investors. Funds will primarily be used for debt reduction: Rs 80 crore for company debt, Rs 52 crore for subsidiary debt, and Rs 40.56 crore for general corporate purposes. This capital raise aims to strengthen the company's financial base and reduce reliance on external borrowing, supporting business expansion and cash flow management. No change in control is expected.
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