<h1>Credent Global Finance’s AMPL Capital Stock sees Open Offer Corrigendum detailing 26% Shareholdings</h1>
The open offer pertaining to AMPL Capital Limited (formerly Credent Global Finance Limited) has been subject to a corrigendum, clarifying the details of the transaction that triggered the mandatory open offer. The modification was issued by Novus Capital Advisors Private Limited, the Manager for the Open Offer, concerning the acquisition of equity shares by DP Global Wealth Management LLP, Mr. Vikas Kataria, and Ms. Supriya Kataria (PAC).
The mandatory open offer is linked to a significant market purchase made by the Acquirers and PAC. The details of this underlying transaction are provided below:
| Details of Underlying Transaction | |
|---|---|
| Type of Acquisition | Direct Acquisition / Market Purchase |
| Shares Acquired | 6,16,264 Equity Shares |
| Percentage of Total Equity Capital | 1% |
| Total Consideration Payment | INR 1,84,87,920 |
| Mode of Acquisition | Cash |
The corrigendum provided updated details regarding the pre-transaction shareholdings of the Acquirers and PAC. The collective holdings prior to this transaction were as follows:
| Details | DP Global Wealth Management LLP (Acquirer-1) | Vikas Kataria (Acquirer-2) | Supriya Kataria (PAC) | Total Pre-Transaction Holding |
|---|---|---|---|---|
| Equity Shares | 86,52,941 | 12,44,948 | 49,56,204 | 1,48,54,093 |
| Percentage of Total Share Capital | 14.08% | 2.03% | 8.06% | 24.17% |
Following the market purchase mentioned in the corrigendum, which saw Acquirer-1 acquiring shares at a per equity share price not exceeding Rs. 30, the post-acquisition holdings stand as follows:
| Details | DP Global Wealth Management LLP (Acquirer-1) | Vikas Kataria (Acquirer-2) | Supriya Kataria (PAC) | Total Post-Transaction Holding |
|---|---|---|---|---|
| Equity Shares | 92,69,205 | 12,44,948 | 49,56,204 | 1,54,70,357 |
| Percentage of Total Share Capital | 15.08% | 2.03% | 8.06% | 25.17% |
Furthermore, based on the scenario where the entire 26.00% equity stake is tendered in the Open Offer, the potential shareholding after the completion of the offer would be:
| Details (Scenario: Full Tender) | DP Global Wealth Management LLP (Acquirer-1) | Vikas Kataria (Acquirer-2) | Supriya Kataria (PAC) | Total Potential Holding |
|---|---|---|---|---|
| Equity Shares | 2,44,50,129 | 20,43,944 | 49,56,204 | 3,14,50,277 |
| Percentage of Total Share Capital | 39.78% | 3.33% | 8.06% | 51.17% |
The corrigendum serves as a continuation and adjunct to the original Public Announcement dated June 30, 2026. All other terms and contents of the Public Announcement remain unchanged.
Stock Price Movement
Shares of Credent Global Finance Ltd settled at ₹37.80 today, surging 9.19% in the market close. The equity moved within an intraday range, trading between a low of ₹34.65 and a high of ₹38.50.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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