Acquisitions18 Mar 2026, 02:20 pm
Centrum Capital Ltd Completes Sale of Entire Stake in Subsidiary Centrum Housing Finance Ltd
AI Summary
Centrum Capital Ltd has completed the sale of its entire stake in its material subsidiary, Centrum Housing Finance Limited (CHFL), to Weaver Services Private Limited. The sale was carried out on March 18, 2026, following the receipt of regulatory approval from the Reserve Bank of India on February 3, 2026. As a result of this sale, CHFL will cease to be a subsidiary of Centrum Capital Ltd.
Key Highlights
- Centrum Capital Ltd sells entire stake in Centrum Housing Finance Limited to Weaver Services Private Limited
- Sale completed on March 18, 2026, following RBI approval on February 3, 2026
- Centrum Housing Finance Limited will cease to be a subsidiary of Centrum Capital Ltd