Announced Fri, 27 Mar · 18:31 IST

Intimation for Change of Corporate Office of the Company.

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Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹28.50
prior close
₹28.78
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After-mkt
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AI summary

Credent Global Finance Ltd's board, at a meeting held on March 27, 2026, approved two key decisions. First, the corporate office is being shifted from MICL Aaradhya One Earth, Ghatkopar East to Unit No. 1216, 12th Floor, C-Wing, One BKC, Bandra East, Mumbai, effective the same day. Second, the board has approved changing the company's name from 'Credent Global Finance Limited' to 'AMPL Capital Limited', subject to receiving a No Objection Certificate from the Reserve Bank of India, approval from the Ministry of Corporate Affairs, and other necessary clearances. The board meeting commenced at 5:00 PM and concluded at 5:30 PM, and the intimation was signed by Managing Director Aditya Vikram Kanoria. The new BKC address is a more prominent commercial hub, while the proposed name change drops the word 'Finance', hinting at a possible repositioning of the business.

Likely market impact

The office relocation is administrative and unlikely to affect operations. The proposed name change to 'AMPL Capital Limited' is more material as it signals a potential rebranding and possible shift in business focus, but it remains subject to RBI and MCA approvals and will only take effect once those clearances are obtained.