Centrum Capital allots 1.17 Cr shares to promoter group entity

Mumbai-based, publicly listed Centrum Capital has allotted 1,16,87,704 equity shares to JBCG Advisory Services, a promoter group entity, at INR 28.52 per share, which includes a face value of INR 1 and a premium of INR 27.52. The issuance has increased the promoter group’s shareholding in the firm from 39.44% to 40.86%.The allotment follows the exercise of an equivalent number of convertible warrants by the entity, with JBCG paying the remaining 75% of the issue price, totalling INR 24.99 crore. This transaction is part of a larger preferential allotment of 7,01,26,225 convertible warrants originally issued to JBCG in August 2025. Post conversion, 3,11,88,521 warrants remain outstanding.Centrum Capital provides institutional and retail financial products, investment banking, and banking services.