Credent Global Finance Limited shareholders approved changing the company name to AMPL Capital Limited and increasing borrowing limits at an Extra-Ordinary General Meeting (EGM) held on June 01, 2026. The meeting, conducted via video conferencing, also sanctioned the creation of mortgages or charges on the company's assets under Section 180(1)(A) of the Companies Act, 2013. These resolutions were passed as special resolutions, enabling the company to alter its Memorandum of Association (MoA) and Articles of Association (AoA) and expand its financial leverage.

The EGM commenced at 03:30 P.M. and concluded at 03:56 P.M., with 28 members participating. Mr. Aditya Vikram Kanoria, Managing Director, chaired the meeting, while Ms. Preeti Sethi, Company Secretary & Compliance Officer, oversaw the proceedings. Mr. Sumit Bajaj, a Practicing Company Secretary, was appointed as the scrutinizer to independently monitor the e-voting process.

Remote e-voting was facilitated from May 29, 2026, to May 31, 2026, allowing shareholders to vote electronically prior to the meeting. Members who had not cast their votes remotely were provided an opportunity to vote during the EGM via the e-Voting System provided by Central Depository Services Limited (CDSL). The scrutinizer was tasked with compiling and submitting a consolidated report on the voting results.

The table below outlines the key resolutions passed during the meeting:

Five shareholders raised queries during the meeting, to which the Chairman and Managing Director provided necessary clarifications. The voting results will be available on the company's website and the CDSL portal within two working days of the EGM's conclusion. The results will also be submitted to BSE Limited.

Credent Global Finance reported a net profit of ₹2,796.27 lakh for the financial year ended March 31, 2026, a significant increase from ₹216.53 lakh in the previous year. The company's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. Additionally, the board approved the issuance of convertible equity warrants to raise funds.

The board approved the issuance of up to 61,46,123 warrants to promoter Aditya Vikram Kanoria on a preferential allotment basis. The warrants are priced at ₹29.75 each, aggregating to ₹18.28 crore. Each warrant carries a right to subscribe to one equity share. The issuance is subject to shareholder approval at an ensuing Extra-Ordinary General Meeting and other regulatory approvals. The warrants are exercisable within 18 months from the date of allotment.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹170.77 lakh, compared to ₹1.73 lakh in the same period last year. Total revenue from operations for the year stood at ₹4,251.07 lakh, up from ₹981.20 lakh in FY25. The company's other equity, excluding revaluation reserve, increased to ₹11,722.64 lakh as of March 31, 2026, from ₹5,407.49 lakh in the previous year.

Fund Utilisation

The company had previously allotted 1,00,00,000 equity shares via Qualified Institutions Placement (QIP) at ₹30 per share, including a premium of ₹28 per share, aggregating to ₹3,000 lakh. The proceeds were fully utilised for augmenting the capital base for NBFC activities, issue expenses, and general corporate purposes. Kapish Jain & Associates, Chartered Accountants, issued an unmodified opinion on the audited standalone and consolidated financial results.