Description
BSE announces listing of 1,00,00,000 equity shares of Credent Global Finance Limited (Scrip Code: 539598) allotted to QIBs under Qualified Institutional Placement, effective February 24, 2026.
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) are listed and admitted for trading effective February 24, 2026. These shares were allotted to Qualified Institutional Buyers (QIBs) pursuant to a Qualified Institutional Placement (QIP) at an issue price of Rs. 30/- per share.
Key Points
- 1,00,00,000 equity shares of Rs. 2/- face value each are newly listed on BSE
- Shares allotted to QIBs under Qualified Institutional Placement (QIP)
- New shares rank pari-passu with existing equity shares of the company
- Issue price: Rs. 30/- per share
- Distribution numbers: 51461231 to 61461230
- ISIN: INE727C01024 | Scrip Code: 539598
Regulatory Changes
No new regulatory changes introduced. This is a standard listing notice under BSE’s procedures for admitting newly allotted securities for trading.
Compliance Requirements
Trading members are informed of the new listing and may contact Mr. Gaurav Bajare (Tel: 022 2272 8291) for any clarifications regarding this notice.
Important Dates
- Date of Allotment: February 19, 2026
- Effective Trading Date: February 24, 2026 (Tuesday)
- Notice Date: February 23, 2026
Impact Assessment
The addition of 1 crore new equity shares via QIP increases the total share supply of Credent Global Finance Limited on the exchange. The shares are priced at Rs. 30/- per share, which serves as a reference point for market participants. As QIP shares rank pari-passu with existing shares, there is no differential in rights or dividends. Traders should note the expanded float when assessing liquidity and price movements for scrip code 539598.
Impact Justification
Routine QIP-based listing notification affecting traders of Credent Global Finance Limited; adds 1 crore new shares to the market at Rs. 30/- issue price, which may influence share supply and price discovery.