Enclosed herewith is the Scrutinizer''s Report along with Voting results for the EGM conducted on 10th November , 2025.
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Credent Global Finance Limited held an Extra-Ordinary General Meeting (EGM) on November 10, 2025, via video conferencing, which concluded in about 24 minutes. Out of 4,830 shareholders on record, only 1 promoter and 29 public shareholders attended the meeting. The single special resolution on the agenda was to approve raising capital through a Qualified Institutions Placement (QIP), allowing the company to issue equity shares to institutional investors in one or more tranches. Total votes polled were 23,094,065 shares (about 44.88% of the 51,461,230 outstanding shares), and the resolution was passed unanimously with 100% votes in favour and zero against. No public institutions participated in the voting. Promoters voted 100% of their 15,997,745 shares in favour, while public non-institutions turned out at about 20%.
Shareholders have given a clear green light for the company to raise fresh capital from institutional investors through a QIP, which could lead to equity dilution but also provides funds for business growth. The strong promoter support and absence of any dissenting votes signal management confidence in the fundraising plan.