Enclosed herewith is the notice of EGM to be held on 10th November, 2025.
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Credent Global Finance Ltd (formerly Oracle Credit Limited, BSE Scrip Code: 539598) has called an Extraordinary General Meeting on Monday, 10th November 2025 at 3:00 PM, to be held through video conferencing. The single special business on the agenda is approving capital raising of up to ₹3,500 Lakhs (₹35 Crore) through the issuance of equity shares via Qualified Institutions Placement (QIP) to eligible institutional investors, in one or more tranches. Equity shares have a face value of ₹2 each, and pricing will follow the SEBI ICDR Regulations formula with a possible discount of up to 5% on the floor price. The cut-off date for e-voting eligibility is 3rd November 2025, with remote e-voting open from 7th November 9:00 AM to 9th November 5:00 PM via CDSL.
If approved, the company will raise up to ₹35 crore from institutional investors, which will dilute existing shareholders' equity. Shareholders as of the 3rd November cut-off date should review the QIP terms and consider voting in the EGM, as the resolution requires a special resolution (higher approval threshold) to pass.