Subsidiaries31 March 2026 at 05:01 pm
Centrum Capital Ltd Retires from Centrum Alternatives LLP, Surplus Fincare Private Limited Inducted as Partner
AI Summary
Centrum Capital Ltd has withdrawn its capital interest and retired as a partner from Centrum Alternatives LLP (CAL LLP), resulting in CAL LLP ceasing to be a subsidiary of the Company. The Company has executed definitive documents for its retirement, and Surplus Fincare Private Limited has been inducted as a partner. The turnover and net worth of CAL LLP for FY 2024-25 were Rs. Nil and Rs. 141.30 lakh, respectively, contributing 2.09% to the consolidated net-worth of the Company. The Company received Rs. 7.50 lakh from CAL LLP towards settlement of its capital account upon retirement.
Key Highlights
- Centrum Capital Ltd has retired as a partner from Centrum Alternatives LLP (CAL LLP)
- Surplus Fincare Private Limited has been inducted as a new partner in CAL LLP
- CAL LLP will cease to be a subsidiary of Centrum Capital Ltd
- CAL LLP's turnover and net worth for FY 2024-25 were Rs. Nil and Rs. 141.30 lakh, respectively
- Centrum Capital Ltd received Rs. 7.50 lakh from CAL LLP towards settlement of its capital account upon retirement