StockWatch
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Non Banking Financial Company (NBFC)
Shareholding17 Jun 2026, 10:16 am

DP Global Wealth Management Acquires Stake in Credent Global Finance

AI Summary

DP Global Wealth Management LLP, along with Persons Acting in Concert (PACs) including Vikas Kataria, has disclosed the acquisition of a significant stake in Credent Global Finance Ltd. The acquisition, executed through an open market purchase, has increased their total shareholding to 3.22% of the company's total diluted capital. The transaction involved the purchase of 19,77,948 equity shares, with the disclosure made as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was completed on June 12, 2026.

Key Highlights

  • DP Global Wealth Management LLP acquired shares in Credent Global Finance Ltd.
  • Total shareholding increased to 3.22% of diluted capital.
  • Acquisition made via open market purchase.
  • Disclosure filed under SEBI Takeover Regulations.
  • Vikas Kataria identified as a Person Acting in Concert (PAC).