Credent Global Finance Ltd — Important, 19-02-2026: Company Update

Credent Global Finance has successfully completed its Qualified Institutions Placement (QIP). The Board approved allotting 1 crore new equity shares to Qualified Institutional Buyers at ₹ 30 per share, raising ₹ 30 Cr. This issuance boosts the company's paid-up equity capital from ₹ 10.29 Cr to ₹ 12.29 Cr, bringing in fresh funds. Key allottees include Magnifica Global Opportunities VCC, AL MAHA INVESTMENT FUND PCC, and Minerva Ventures Fund. This capital infusion supports the company's financial strength and growth objectives.