Credent Global Finance Limited has announced major corporate restructuring decisions following its Board of Directors meeting held on March 27, 2026. The board approved two significant resolutions that will reshape the company's operational framework and corporate identity, as communicated to BSE Limited under Regulation 30 compliance.

Corporate Office Relocation

The board has sanctioned the immediate relocation of the company's corporate office, effective March 27, 2026. The following table outlines the office transition details:

The relocation to Bandra Kurla Complex positions the company in Mumbai's premier business district, known for housing major financial institutions and corporate headquarters. This strategic move reflects the company's commitment to establishing a stronger presence in the financial hub.

Corporate Name Change Initiative

The board has approved a comprehensive rebranding initiative, proposing to change the company name from "Credent Global Finance Limited" to "AMPL Capital Limited." This transformation is subject to obtaining necessary regulatory approvals:

The proposed name change signifies a strategic repositioning of the company's brand identity and market presence. The new name "AMPL Capital Limited" suggests a focus on capital market operations and financial services expansion.

Board Meeting Details

The Board of Directors meeting was conducted at the company's registered office with Managing Director Aditya Vikram Kanoria presiding over the proceedings:

The meeting decisions were digitally signed by Managing Director Aditya Vikram Kanoria and formally communicated to BSE Limited on the same day. The official communication was addressed to The Manager, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001.

Regulatory Compliance Framework

Credent Global Finance Limited operates under BSE Scrip Code 539598 with Company Symbol CGFL and CIN L65910MH1991PLC404531. The company has maintained transparency by promptly informing BSE Limited about these corporate developments under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The implementation of both decisions will proceed according to the prescribed regulatory timeline and approval processes, ensuring full compliance with listing obligations and disclosure requirements. The company's registered office is now located at Unit No. 1216, 12th Floor, C-Wing, One BKC, G Block, Opposite Bank of Baroda, Bandra Kurla Complex, Bandra East, Mumbai-400051.

Credent Global Finance Limited has successfully completed its Qualified Institutions Placement (QIP), raising ₹30 crore from institutional investors. The company announced the completion through a press release on February 25, 2026, highlighting the successful fundraising and its strategic positioning for future growth.

QIP Completion and Financial Details

The Board of Directors approved the QIP closure on February 19, 2026, following receipt of application forms and funds from eligible Qualified Institutional Buyers (QIBs). Socradamus Capital Private Limited acted as the Sole Book Running Lead Manager for the issue.

Exceptional Financial Performance

The capital raise follows Credent Global Finance's robust financial performance for the quarter ended December 31, 2025. The company reported significant growth in revenue and profitability driven by improved operating efficiencies and recovery-led income initiatives.

Promoter Shareholding Changes

Following the QIP allotment, the promoters experienced dilution in their shareholding percentages. The combined promoter holding decreased from 31.09% to 26.03% due to the fresh equity issuance.

Strategic Positioning and Leadership

Credent Global Finance has adopted a contrarian and opportunity-led approach in the market, recently increasing its exposure to an Eastern India-based Microfinance Institution (MFI). This move reflects the company's confidence in selective credit opportunities where risk-adjusted returns are compelling. The company also announced the appointment of Vikas Kataria as Executive Director on the Board, strengthening the senior management team.

AL MAHA Investment Fund Participation

AL MAHA Investment Fund – Onyx Strategy, based in Mauritius, made a substantial acquisition through the QIP, acquiring 4000000 equity shares representing 6.51% of the company's shareholding.

Management Commentary

Commenting on the successful completion of QIP, Aditya Vikram Kanoria, Managing Director, said: "The successful QIP and our record quarterly financial performance reflect the strength of our platform and disciplined execution strategy. Our investment philosophy remains opportunity-driven and risk-calibrated. With enhanced capital, strategic exposure in high-potential segments, and a strengthened leadership team, we are well-positioned to scale sustainably and deliver long-term stakeholder value."