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Non Banking Financial Company (NBFC)
Acquisitions24 Feb 2026, 10:54 am

AL Maha Investment Fund Acquires 6.51% Stake in Credent Global Finance Ltd

AI Summary

AL Maha Investment Fund, a foreign entity, has acquired 4,000,000 shares of Credent Global Finance Ltd, amounting to 6.51% of the company's total voting capital. This acquisition was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The shares were acquired on February 19, 2026, leading to an increase in Credent Global Finance Ltd's equity share capital and total voting capital.

Key Highlights

  • AL Maha Investment Fund acquires 6.51% stake in Credent Global Finance Ltd
  • Acquisition of 4,000,000 shares of Credent Global Finance Ltd by AL Maha Investment Fund
  • Acquisition made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
  • Increase in Credent Global Finance Ltd's equity share capital and total voting capital
  • Shares acquired on February 19, 2026
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