Mumbai, May 27 -- The board greenlit the issuance of 7.01 crore convertible warrants to promoter group entity JBCG Advisory Services, aggregating to nearly Rs 200 crore. The issue price reflects a 15.5% discount to the current market price. Each warrant is convertible into one equity share within 18 months from the allotment date.

As of March 2025, JBCG Advisory Services held a 6.16% stake in Centrum Capital.

Centrum Capital, a SEBI-registered Category-I merchant banker, is engaged in investment banking and offers a comprehensive suite of financial services, including equity capital markets, private equity, corporate finance, project finance, and stressed asset resolution.

On a consolidated basis, Centrum Capital reported net loss of R...