Description

BSE admits 1 crore equity shares of Credent Global Finance Limited (Scrip Code: 539598) for trading effective February 24, 2026, allotted to Qualified Institutional Buyers at Rs. 30 per share.

Summary

BSE has notified trading members that 1,00,00,000 (1 crore) equity shares of Credent Global Finance Limited (Scrip Code: 539598, ISIN: INE727C01024) have been listed and admitted for trading on the Exchange with effect from Tuesday, February 24, 2026. These shares were allotted to Qualified Institutional Buyers (QIBs) pursuant to a Qualified Institutional Placement (QIP).

Key Points

  • 1,00,00,000 equity shares of Rs. 2/- face value each are newly listed
  • Shares allotted via Qualified Institutional Placement (QIP) to QIBs
  • New shares rank pari-passu with existing equity shares of the company
  • Issue price: Rs. 30/- per share
  • Date of allotment: February 19, 2026
  • Distinctive numbers: 51461231 to 61461230
  • Trading commences: February 24, 2026

Regulatory Changes

No regulatory changes. This is a routine admission of newly allotted securities to trading on BSE following a completed QIP.

Compliance Requirements

Trading members are informed to update their records to reflect the new securities. Members requiring clarification may contact Mr. Gaurav Bajare at Tel. No. 022 2272 8291.

Important Dates

  • Date of Allotment: February 19, 2026
  • Listing/Trading Effective Date: February 24, 2026 (Tuesday)
  • Notice Date: February 23, 2026

Impact Assessment

The listing increases the total tradable equity share count of Credent Global Finance Limited by 1 crore shares. As these shares are pari-passu with existing equity, there is a dilutive effect on existing shareholders. The QIP at Rs. 30/- per share reflects the institutional pricing benchmark. Impact is limited to shareholders and traders of this specific scrip (Code: 539598); no broader market or systemic impact anticipated.

Impact Justification

Routine listing notice for a specific mid/small-cap company's QIP shares; limited broader market impact, relevant primarily to existing and prospective shareholders of Credent Global Finance.