StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting11 Jun 2026, 12:14 pm

Credent Global Finance Board Approves EGM for Fund Raising

AI Summary

Credent Global Finance Ltd announced the outcome of its Board Meeting held on June 11, 2026. The Board approved the issuance of a notice for an Extra-Ordinary General Meeting (EGM) to be held on July 6, 2026. The purpose of the EGM is to seek shareholder approval for raising funds through the issuance of convertible warrants on a preferential basis. Additionally, the Board approved the appointment of M/s. Sumit Bajaj & Associates as a scrutinizer to oversee the e-voting process for the EGM, ensuring transparency and fairness. The meeting commenced at 11:10 AM and concluded at 11:40 AM.

Key Highlights

  • Board approved notice for EGM to raise funds via convertible warrants.
  • EGM scheduled for July 6, 2026, requires shareholder approval.
  • Scrutinizer appointed for e-voting process at EGM.
  • Fund raising to be conducted on a preferential basis.