Enclosed herewith is the Outcome of Board Meeting held on today, i.e., Thursday 19th February 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 3.1 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Credent Global Finance Limited has closed its Qualified Institutions Placement (QIP) on February 19, 2026. The Board approved the issue of 1,00,00,000 (1 crore) equity shares of face value ₹2 each to eligible Qualified Institutional Buyers at a price of ₹30 per share, including a premium of ₹28 per share. This translates to a total issue size of ₹30 crore. The Placement Document has been adopted and Confirmation of Allocation Notes will be sent to the allocated QIBs. The Board meeting concluded at 4:30 PM IST on the same day.
The QIP will dilute existing shareholders by issuing 1 crore new shares, but the company will raise ₹30 crore in fresh capital. Shareholders should expect some dilution in their holdings and monitor how the company plans to deploy these funds.