StockWatch
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Non Banking Financial Company (NBFC)
Open Offer30 Jun 2026, 06:20 pm

Credent Global Finance announces Open Offer for 26% stake

AI Summary

Credent Global Finance Ltd (now Ampl Capital Limited) has announced an open offer to acquire up to 1,59,79,920 equity shares, representing 26% of the total issued share capital. The offer is made by DP Global Wealth Management LLP and Mr. Vikas Kataria, along with persons acting in concert. The offer price is ₹30 per share, with a total maximum consideration of ₹47,93,97,600. This open offer is triggered by a market purchase of 5,66,264 equity shares by the acquirers. The offer is being managed by Novus Capital Advisors Private Limited.

Key Highlights

  • Open offer for 26% stake in Ampl Capital (formerly Credent Global Finance).
  • Offer price set at ₹30 per equity share.
  • Total acquisition value up to ₹47.94 Crore.
  • Triggered by market purchase of 5,66,264 shares.
  • Offer managed by Novus Capital Advisors.