Centrum Capital allots 1.17 crore shares to promoter entity
In short
Centrum Capital allotted 1.17 crore shares to a promoter entity as warrant conversion continued. The shares were issued at ₹28.52 each, and JBCG paid the ₹24.99 crore balance.
This matters because it changes the company’s equity structure and brings in funds. The report does not say how much stake moved or what the final impact on ownership will be.
What the reporting says
Centrum Capital allotted 1.17 crore shares to a promoter entity as warrant conversion continued, according to the headline and publisher summary. The shares were issued at ₹28.52 each, including a face value of ₹1 and a premium of ₹27.52, and JBCG paid the ₹24.99 crore balance. The reporting does not state the total warrants involved or the post-allotment ownership change.
Why it matters
Centrum Capital allotted 1.17 crore shares to a promoter entity as warrant conversion continued, and the publisher summary says the shares were issued at ₹28.52 each with JBCG paying the ₹24.99 crore balance. The news signals ongoing capital raising and dilution-related equity issuance, but the report does not state the total warrant size or the resulting promoter holding.