Quarterly Result19 Feb 2026, 10:42 pm
Credent Global Finance Ltd. Approves Allotment of 1,00,00,000 Equity Shares in QIP
AI Summary
Credent Global Finance Ltd. has approved the allotment of 1,00,00,000 Equity Shares of face value 2 each to eligible Qualified Institutional Buyers (QIB's) at an issue price of Rs. 30 per Equity Share, including a premium of Rs. 28 per Equity Share. The Issue opened on February 17, 2026 and closed on February 19, 2026. The paid-up equity share capital of the Company has increased from Rs. 10,29,22,460/- to Rs. 12,29,22,460/-. The shareholding pattern of the Company before and after the Issue will be submitted along with the listing application.
Key Highlights
- Credent Global Finance Ltd. approved the allotment of 1,00,00,000 Equity Shares in a Qualified Institutional Placement (QIP)
- The issue price was set at Rs. 30 per Equity Share, including a premium of Rs. 28 per Equity Share
- The Issue opened on February 17, 2026 and closed on February 19, 2026
- The paid-up equity share capital of the Company has increased from Rs. 10,29,22,460/- to Rs. 12,29,22,460/-
- The shareholding pattern of the Company before and after the Issue will be submitted along with the listing application