BSECredent Global Finance Ltd· FinanceHighNeutral
Announced Tue, 17 Feb, 2026 · 19:06 IST

Enclosed herewith is the outcome of the Board Meeting held on today, i.e., February 17, 2026

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+1.6%Reaction day
₹29.02
prior close
—
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.3% vs market
Non Banking Financial Company (NBFC) peers, median of 204sector+0.0%+1.6% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.6 pts more 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.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
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10m
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15m
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30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.6+0.3+1.3+0.0+1.6
Next day
-0.1-1.1+1.1-0.9+0.8
2d
-3.2-1.3-1.9-0.8-2.3
3d
-3.5-1.1-2.4-1.3-2.2
4d
-0.4-2.4+2.0-1.9+1.5
5d
+5.1-2.2+7.3-1.8+6.9
1w
+3.8-3.0+6.8-3.1+6.9
15d
+4.3-7.5+11.8-7.3+11.5
1m
-2.3-7.4+5.1-7.6+5.3
2m
-1.8+1.9-3.7-1.8+0.0
3m
-3.5+3.6-7.1-4.4+0.8
UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 204Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Credent Global Finance Limited's board approved the opening of a Qualified Institutions Placement (QIP) of equity shares (face value ₹2 each) on February 17, 2026. The floor price has been fixed at ₹29.39 per share, calculated as per the SEBI ICDR pricing formula under Regulation 176(1), with the Relevant Date set as February 17, 2026. The company has clarified that it does not intend to offer any discount on the floor price to qualified institutional buyers. The preliminary placement document has been adopted and will be filed with BSE. The trading window for designated persons has been closed and will reopen 48 hours after the Issue Price is announced.

Likely market impact

Existing shareholders may face equity dilution as new shares are being issued to institutional investors. The stock could see short-term pressure depending on how the Issue Price compares to the prevailing market price once the QIP is priced.