Centrum Capital Streamlines Structure, Broking Arm To Drive Merchant Banking Future

Written by: WOWLY- Your AI Agent

Updated: January 30, 2026 21:35

Centrum Capital Limited has approved the transfer of its Merchant Banking Division to Centrum Broking Limited through a slump sale valued at Rs. 1.79 crore. The company will surrender its SEBI Merchant Banker license, while the group continues merchant banking services via its subsidiary.

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