Minerva Ventures Fund has increased its shareholding in Credent Global Finance Limited by acquiring 32,00,000 equity shares through open market transactions. The purchases were executed on June 29 and June 30, 2026, as per a disclosure submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this acquisition, Minerva Ventures Fund held 40,00,000 shares, representing 6.51% of the total share capital. Following the purchase of 32,00,000 shares, the acquirer's total holding has risen to 72,00,000 shares. This new stake constitutes 8.21% of the target company's total paid-up equity share capital.

The disclosure confirms that the acquirer does not belong to the promoter or promoter group of the target company. The shares of Credent Global Finance are listed on the BSE. The total equity share capital of the target company remained unchanged at 61,461,230 equity shares before and after the transaction.

The following table details the shareholding changes:

The transaction was signed by the authorised signatory on July 1, 2026, in Mauritius.

Credent Global Finance Limited has scheduled an Extra-Ordinary General Meeting (EGM) on July 6, 2026, to seek shareholder approval for a preferential issue of convertible warrants. The meeting will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM) at 3:30 P.M. IST, complying with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors previously approved the issuance of warrants on May 29, 2026, and subsequently decided to convene the EGM on June 11, 2026.

The notice for the EGM was dispatched electronically on June 11, 2026, to members whose email IDs are registered with the company or depositories as on the cut-off date of June 5, 2026. The company has appointed Mr. Sumit Bajaj, proprietor of M/s Sumit Bajaj & Associates, as the Scrutinizer to oversee the e-voting process.

Key Meeting Details

Shareholders can participate in remote e-voting, facilitated by Central Depositories Services Limited (CDSL), between July 3 and July 5, 2026. The voting rights will be proportionate to the equity shares held by members as on the cut-off date of June 29, 2026. Members who have cast their votes remotely may attend the EGM but will not be entitled to vote again. The company has encouraged members to submit queries in advance by June 29, 2026, to ensure a smooth conduct of proceedings.