Description
BSE lists 2,72,50,000 new equity shares of Centrum Capital Limited, issued at Rs. 2852/- per share to promoters on a preferential basis via conversion of warrants, effective May 15, 2026.
Summary
BSE has listed 2,72,50,000 new equity shares of Centrum Capital Limited (Scrip Code: 501150) effective Friday, May 15, 2026. These shares were issued at Rs. 2852/- per share (face value Rs. 1/- at a premium of Rs. 2851/-) to promoters on a preferential basis, pursuant to conversion of warrants allotted earlier.
Key Points
- 2,72,50,000 equity shares of Rs. 1/- face value issued at Rs. 2852/- per share to promoters
- Shares issued on a preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 459579195 to 486829194
- ISIN: INE660C01027
- All 2,72,50,000 shares are under lock-in until 21 November 2027
Regulatory Changes
No new regulatory changes. This is a standard listing notification under BSE’s listing operations for securities issued through preferential allotment.
Compliance Requirements
- Trading members are informed that the new securities are listed and permitted to trade from May 15, 2026
- Lock-in restriction applies to all 2,72,50,000 shares (dist. nos. 459579195–486829194) until 21/11/2027; these shares cannot be traded during the lock-in period
Important Dates
- Date of Allotment: 27 March 2026
- Effective Date for Trading: 15 May 2026 (Friday)
- Lock-in Expiry: 21 November 2027
Impact Assessment
The listing adds approximately 2.72 crore shares to Centrum Capital’s equity base, representing a capital raise of approximately Rs. 777 crore at the issue price. Since all newly listed shares are locked in until November 2027, there is no immediate increase in free-float. The preferential allotment to promoters increases promoter holding, which may be viewed positively as a signal of promoter confidence. Existing shareholders face dilution from this issuance.
Impact Justification
Routine listing of new equity shares from preferential allotment via warrant conversion. Significant share count (2.72 crore) with lock-in until November 2027 limits immediate float impact, but dilutes existing shareholders.