Description
BSE notifies listing of 2,72,50,000 new equity shares of Centrum Capital Limited issued to promoters on a preferential basis via conversion of warrants, effective May 15, 2026.
Summary
BSE has notified trading members that 2,72,50,000 new equity shares of Centrum Capital Limited (Scrip Code: 501150, ISIN: INE660C01027) are listed and permitted to trade on the Exchange effective Friday, May 15, 2026. These shares were issued to Promoters on a preferential basis at Rs. 28.52/- per share (face value Rs. 1/- with a premium of Rs. 27.52/-) pursuant to conversion of warrants allotted on March 27, 2026.
Key Points
- 2,72,50,000 equity shares of Rs. 1/- each listed effective May 15, 2026
- Issue price: Rs. 28.52/- per share (premium of Rs. 27.52/-)
- Issued to Promoters on preferential basis via conversion of warrants
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 459579195 to 486829194
- Date of allotment: March 27, 2026
- All 2,72,50,000 shares are under lock-in until November 21, 2027
Regulatory Changes
No new regulatory changes introduced. This is a standard listing notice under BSE’s Listing Operations framework for newly allotted securities.
Compliance Requirements
- Trading members are informed to update their records to reflect the new securities now available for trading from May 15, 2026
- The lock-in restriction on all 2,72,50,000 shares must be observed until November 21, 2027 — these shares cannot be sold or transferred by the promoters during this period
Important Dates
- March 27, 2026: Date of allotment of new shares
- May 15, 2026: Effective date for listing and trading on BSE
- November 21, 2027: Lock-in expiry date for all 2,72,50,000 promoter shares
Impact Assessment
The listing adds approximately 2.725 crore shares to Centrum Capital Limited’s equity base, resulting in dilution for existing shareholders. However, since all newly listed shares are under a lock-in period until November 21, 2027, there is no immediate increase in tradable float. The preferential allotment at Rs. 28.52/- indicates promoter confidence in the company at that price level. Market impact is expected to be moderate, primarily reflected in the adjusted share capital and diluted EPS metrics.
Impact Justification
Routine listing of new equity shares from preferential allotment to promoters via warrant conversion; significant share count (2.725 crore) with lock-in until November 2027 limits immediate float impact, but relevant for existing shareholders due to dilution.