Credent Global Finance Limited has successfully concluded its Qualified Institutions Placement (QIP), with the Board of Directors approving the closure and determining the final issue price on February 19, 2026.

QIP Closure and Pricing Details

The company's Board meeting, held on February 19, 2026, approved the closure of the QIP following receipt of application forms and funds in the escrow account from eligible Qualified Institutional Buyers (QIBs). The Board determined the issue price and allocation details for the equity fundraising exercise.

Board Approvals and Documentation

During the Board meeting, which commenced at 04:10 P.M. IST and concluded at 04:30 P.M. IST, the directors approved several key resolutions related to the QIP process:

• Closure of the Issue on February 19, 2026, following receipt of applications and funds from eligible QIBs
• Determination of issue price for 1,00,00,000 equity shares at ₹30 per share
• Adoption of the Placement Document dated February 19, 2026
• Approval and finalization of the Confirmation of Allocation Note (CAN) for eligible QIBs

Regulatory Compliance

The QIP was conducted under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and Sections 42 and 62(1)(c) of the Companies Act, 2013. The company has filed the Placement Document with BSE Limited and made it available on its website at www.credentglobal.com .

Corporate Information

Credent Global Finance Limited operates with its registered office at Unit No. 1216, 12th Floor, C-Wing, One BKC, Bandra Kurla Complex, Mumbai. The company's corporate office is located at MCL Aaradhya One Earth, Ghatkopar East, Mumbai. The QIP closure represents a significant capital raising milestone for the financial services company, providing access to institutional funding through the regulated placement route.

Credent Global Finance Limited , a prominent player in the financial sector, conducted an Extra-Ordinary General Meeting (EGM) on November 10, 2025, to discuss and approve a significant capital raising initiative. The meeting, held via video conferencing, addressed a crucial special business item that could potentially shape the company's future financial strategy.

Key Meeting Details

Special Business Agenda

The primary focus of the EGM was to consider and approve a proposal for capital raising through the issuance of equity shares via Qualified Institutions Placement (QIP). This move suggests that Credent Global Finance is looking to strengthen its capital base, potentially to fund expansion plans or bolster its financial position.

Meeting Proceedings

1. Quorum and Commencement: The meeting commenced with the confirmation of the requisite quorum.

2. E-Voting Process:

   • Remote e-voting was conducted from November 7-9, 2025.
   • Additional voting facility was available during and after the EGM.
   • Mr. Sumit Bajaj, a Practicing Company Secretary, was appointed as the scrutinizer for the e-voting process.

3. Member Engagement: Six speaker members raised queries during the meeting, which were addressed by the Chairman.

4. Resolution Details:

5. Post-Meeting Actions:
   • The scrutinizer will compile voting results and submit a consolidated report within the stipulated timeframe.
   • Voting results will be available on the company's website and CDSL platform within two working days of the EGM conclusion.

Implications

The approval of this capital raising initiative through QIP could have significant implications for Credent Global Finance Limited. QIPs are a popular method for listed companies to raise capital quickly from institutional investors. This move may indicate the company's intentions to:

1. Expand its operations
2. Invest in new technologies or markets
3. Strengthen its balance sheet
4. Fund potential acquisitions or growth opportunities

Investors and market watchers will likely keep a close eye on how the company utilizes this capital infusion, should the resolution be approved by the shareholders.

The successful conduct of this EGM demonstrates Credent Global Finance's commitment to corporate governance and shareholder engagement, even in a virtual setting. The company's proactive approach to capital management may be seen as a positive sign by the market, potentially influencing investor sentiment in the coming days.