The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Minerva Ventures Fund
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Minerva Ventures Fund, a Mauritius-based investment fund, acquired 40,00,000 equity shares (6.51%) of Credent Global Finance Ltd through a Qualified Institutional Placement (QIP) on February 19, 2026. Before this acquisition, the fund held no shares in the company, so this is a fresh investment. The fund is not part of the promoter or promoter group. As a result of the QIP, the company's total equity share capital increased from 5,14,61,230 to 6,14,61,230 shares, indicating new capital was raised from the market.
This is a positive signal that a foreign institutional investor has shown confidence in the company by subscribing to its QIP, helping raise fresh capital. However, the issuance of new shares dilutes existing shareholders' percentage holdings by roughly 16%. Existing investors should note the addition of a sizeable 6.51% institutional holder on the cap table.