Credent Global Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/10/2025 ,inter alia, to consider and approve Attached herewith is ....
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Credent Global Finance Ltd has scheduled a Board meeting on 10th October 2025 to consider and approve raising funds through the issuance of equity shares. The fund-raising may happen via a public issue, preferential allotment, private placement, qualified institutional placement (QIP), or any other permissible mode or combination thereof, subject to regulatory and shareholder approvals. The Board will also consider increasing the company's authorised share capital to accommodate the proposed issuance. The trading window for designated persons has already been closed since 26th September 2025. No specific amount, pricing, or investor details have been disclosed yet — this is only a prior intimation.
Potential equity dilution for existing shareholders depending on the size and mode of issuance finalised. The actual impact on the stock will depend on details like issue price, size, and whether funds are raised at a premium or discount, which will be revealed after the Board meeting on 10th October.