Outcome of Board Meeting - Allotment of 1,00,00,000 Equity Shares pursuant to Qualified Institutional Placement

Marquee Qip InvestorFund Raising View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹29.00

prior close

₹29.01

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-3.0% vs market

Non Banking Financial Company (NBFC) peers, median of 202sector+0.0%-3.1% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-2.1

15m

-1.1

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-0.2-3.0+0.0-3.1

Next day

-3.4-0.0-3.4-0.4-3.0

-0.4-1.3+0.9-1.4+1.0

+5.2-1.1+6.3-1.9+7.0

+10.0-0.8+10.8-2.2+12.2

+3.8-1.9+5.7-2.6+6.4

-4.3-6.6+2.3-6.3+2.0

15d

-3.4-9.7+6.3-8.4+4.9

-5.0-8.2+3.3-8.8+3.9

-1.7+3.1-4.8-2.3+0.6

-4.3+5.9-10.2-4.3-0.0

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 202Pending

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

AI summary

Credent Global Finance Ltd has allotted 1 crore (1,00,00,000) fully paid-up equity shares of face value ₹2 each at an issue price of ₹30 per share, including a premium of ₹28 per share, raising ₹30 crores in total. The QIP opened on February 17, 2026 and closed on February 19, 2026, with the allotment approved by the Board on the same day. Post-issue, the company's paid-up equity capital rose from ₹10.29 crore to ₹12.29 crore, with the total share count increasing from 5.15 crore to 6.15 crore shares. The shares were allotted to three Foreign Portfolio Investors (FPIs): Al Maha Investment Fund (40%), Minerva Ventures Fund (40%), and Magnifica Global Opportunities VCC (20%).

Likely market impact

The company successfully raised ₹30 crore through institutional investors, expanding its equity base by roughly 19%. Dilution for existing shareholders is moderate at about 19%, and the participation of three FPIs suggests institutional confidence, though the share price may see short-term pressure due to supply increase.