Credent Global Finance Approves Shareholder Meeting to Raise Funds via Convertible Warrants
Credent Global Finance Ltd announced key decisions following its Board of Directors meeting held on June 11, 2026. The board considered and approved several significant business items concerning the company's capital structure and forthcoming general assembly.Among the primary resolutions, the Board of Directors authorized the issuance of a notice for an ExtraOrdinary General Meeting (EGM) of the shareholders. This EGM is scheduled to take place on Monday, July 06, 2026. The purpose of this meeting will be to seek shareholder approval for raising funds through the issuance of convertible warrants on a Preferential basis.
Furthermore, the Board duly considered and approved the appointment of M/s. Sumit Bajaj & Associates as the Scrutinizer. This firm will be responsible for overseeing the entire e-voting process related to the ExtraOrdinary General Meeting (EGM). The Scrutinizer is tasked with ensuring that all e-voting procedures are conducted in a fair and transparent manner, and they must submit a consolidated report on the voting outcomes to the Chairman or any authorized person by the Board.
The decisions made during the meeting underscore the company's strategic approach toward future capital generation and governance structure concerning major corporate actions.
Stock Price Movement
As of 12:14, Credent Global Finance Ltd shares are ticking up, trading at ₹28.62, reflecting a gain of +0.99%. These shares have seen movement throughout the day, staying within an intraday range defined by a low of ₹28.12 and a high of ₹29.09.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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