
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