Description

BSE admits 1,00,00,000 equity shares of Credent Global Finance Limited (Scrip Code: 539598) for trading from February 24, 2026, allotted to QIBs under a Qualified Institutional Placement at Rs. 30 per share.

Summary

BSE has listed and admitted 1,00,00,000 (1 crore) equity shares of Credent Global Finance Limited (Scrip Code: 539598, ISIN: INE727C01024) for trading with effect from Tuesday, 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 admitted for trading on BSE from February 24, 2026
  • Shares allotted via Qualified Institutional Placement (QIP) to QIBs
  • Issue price: Rs. 30/- per share
  • Date of allotment: February 19, 2026
  • New shares rank pari-passu with existing equity shares
  • Distribution numbers: 51461231 to 61461230
  • ISIN: INE727C01024 | Scrip Code: 539598

Regulatory Changes

No regulatory changes. This is a standard listing notice pursuant to a completed QIP allotment.

Compliance Requirements

Trading members are informed to update their records accordingly. For clarifications, members may contact Mr. Gaurav Bajare at Tel. 022 2272 8291.

Important Dates

  • Allotment Date: February 19, 2026
  • Trading Commencement: February 24, 2026 (Tuesday)
  • Notice Date: February 23, 2026

Impact Assessment

The listing of 1 crore new shares via QIP increases the total equity share count of Credent Global Finance Limited, resulting in dilution for existing shareholders. The allotment at Rs. 30/- per share indicates the QIP pricing level. New shares ranking pari-passu with existing shares means no preferential rights distinction. Market impact is moderate and localized to existing shareholders and potential QIP investors entering the secondary market.

Impact Justification

Routine QIP-based listing of new equity shares; affects existing shareholders through dilution but is a standard capital-raising event with defined allotment and trading commencement date.