Centrum Capital gets RBI nod for stake sale in housing finance arm
Centrum Capital Limited received RBI approval on February 3, 2026, for the sale of its entire stake in Centrum Housing Finance Limited (CHFL) to Weaver Services Private Limited. The transaction closure is subject to other conditions precedent in the Share Purchase Agreement signed on August 22, 2025.
The sale of a subsidiary is a significant corporate action that can impact the company's financial structure and strategic focus, warranting a medium impact.
The announcement signifies a positive step towards the divestment of a subsidiary, which is subject to regulatory approval and has now received it.
Centrum Capital Limited has announced a crucial update regarding the transfer of its entire stake in its material subsidiary, Centrum Housing Finance Limited (CHFL). This follows a Share Purchase Agreement (SPA) entered into on August 22, 2025, with Weaver Services Private Limited.
The company received approval from the Reserve Bank of India (RBI) on February 3, 2026, for the proposed change in control and the acquisition of Centrum Capital's stake in CHFL by Weaver Services. The closure of this transaction is still contingent upon the fulfillment of other conditions precedent outlined in the SPA.
This announcement serves as a corrigendum to a previous disclosure made on February 4, 2026. The earlier letter inadvertently stated the date of RBI approval as February 3, 2025, instead of the correct date, February 3, 2026. Centrum Capital Limited has expressed regret for this error and any inconvenience caused.
What to do with a filing like this
Centrum Capital Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Centrum Capital Limited. Read the original for the full detail.