StockWatch
·
Other Financial Services
Board Meeting21 May 2026, 06:21 pm

Centrum Capital Board Approves ₹2000 Cr Fundraising

AI Summary

Centrum Capital Ltd's Board of Directors approved audited financial results for FY26 and authorized raising up to ₹1000 crore through Non-Convertible Debentures and another ₹1000 crore via rights issue or private placement. The board also approved the reappointment of Sharp & Tannan as statutory auditors, subject to shareholder approval at the upcoming AGM. The meeting concluded at 4:04 p.m.

Key Highlights

  • Approved raising up to ₹1000 crore through Non-Convertible Debentures.
  • Approved raising up to ₹1000 crore via rights issue or private placement.
  • Approved reappointment of Sharp & Tannan as statutory auditors, subject to AGM approval.
  • Audited Financial Results (Consolidated and Standalone) for FY26 approved.