Credent Global Finance Limited, formerly known as Oracle Credit Limited, has officially informed the stock exchanges about its upcoming Board Meeting scheduled for Friday, October 10, 2025. The company, through its official intimation to BSE Limited, has stated that the meeting will focus primarily on fund raising plans and a proposed increase in authorised share capital.

The announcement was made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to notify exchanges prior to any major financial decisions that may impact investors.

Fund Raising Proposal

The company intends to explore various options for raising capital, which may include public issue, preferential allotment, private placement, or Qualified Institutional Placement (QIP). These options will be reviewed by the Board of Directors to determine the most suitable mode considering the company’s financial position, market conditions, and investor interest.

According to the notice, Credent Global Finance is considering issuing equity shares through one or more permissible modes, depending upon statutory and regulatory approvals. This move is aimed at strengthening the company’s capital base, enhancing liquidity, and supporting future growth initiatives.

The final decision on the structure, size, and timing of the issue will depend on the board’s evaluation and shareholder approvals. The company has assured that all regulatory norms will be followed as per the SEBI and Companies Act, 2013 requirements.

Increase in Authorised Share Capital

Another important agenda item in the upcoming board meeting is the proposal to increase the authorised share capital of the company. An increase in authorised capital is often a precursor to fund raising, allowing the company to issue more shares in the future.

This step reflects the management’s intent to expand operations, attract more investors, and position the company for long-term financial growth. The proposal, once approved by the board, will be placed before shareholders for their formal consent in accordance with the company’s Articles of Association.

Insider Trading Regulations

In line with the company’s compliance framework, Credent Global Finance has announced that the trading window remains closed for all designated persons and their relatives from September 26, 2025, until 48 hours after the conclusion of the board meeting. This step aligns with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, ensuring transparency and fairness in market dealings.

Company Background

Credent Global Finance Limited, with its registered office in Bandra Kurla Complex, Mumbai, and corporate office at MICL Aaradhya One Earth, Ghatkopar East, Mumbai, operates in the financial services sector offering customised credit and investment solutions. The company, previously known as Oracle Credit Limited, has rebranded itself as Credent Global Finance Limited to align with its renewed business focus and growth ambitions.

Over the past few years, the company has focused on improving its capital adequacy ratio, corporate governance, and strategic diversification in the financial market. The upcoming decisions are expected to boost investor confidence and strengthen the company’s market position.

Significance of the Board Meeting

The board meeting on October 10, 2025, holds strategic significance as it may pave the way for major corporate actions in the coming quarters. The potential fund raising could provide the company with additional resources to expand its lending operations, strengthen financial reserves, and support new business ventures.

Additionally, increasing the authorised share capital provides the financial flexibility required to support growth initiatives, mergers, acquisitions, or entry into new market segments.

The company’s Managing Director, Mr. Aditya Vikram Kanoria, who holds DIN: 07002410, will lead the meeting and oversee all financial and legal procedures related to these proposed actions.

Regulatory and Market Implications

The company’s decision to inform BSE ahead of the meeting demonstrates its commitment to corporate transparency and regulatory compliance. As per SEBI norms, companies are required to provide prior notice of board meetings concerning financial results, fund raising, or any material events that could affect share prices.

This disclosure allows investors and analysts to prepare for possible market movements once the board finalises its decisions. Any announcement regarding fund raising or capital restructuring typically attracts market attention and can influence stock performance in the short term.

Possible Fund Raising Avenues

The company may explore one or more of the following fund raising routes:

• Public Issue: Offering new shares to the general public through an Initial or Follow-on Public Offering (IPO/FPO).

• Preferential Allotment: Issuing shares to a select group of investors, such as promoters or strategic investors, at a pre-decided price.

• Private Placement: Offering securities to a limited number of institutional or accredited investors privately.

• Qualified Institutional Placement (QIP): Issuing shares exclusively to Qualified Institutional Buyers (QIBs), including mutual funds and insurance companies.

These methods enable the company to access diverse sources of capital while maintaining compliance with SEBI’s guidelines.

Trading Window Closure

The company has reiterated that during this period, no designated employee or insider is permitted to trade in company securities until 48 hours after the financial results are declared and disclosed publicly. This is a crucial step in maintaining market integrity and ensuring that insider information does not influence trading activity.

Conclusion

The upcoming board meeting of Credent Global Finance Limited represents an important step in the company’s growth journey. By considering fund raising options and authorising an increase in share capital, the company aims to strengthen its financial foundation and enhance shareholder value.

Investors and stakeholders are keenly watching the outcomes of this meeting, as the proposed initiatives could significantly impact the company’s capital structure, market position, and long-term profitability.

Join our Telegram Channel for Latest News and Regular Updates.

Start your Mutual Fund Journey  by Opening Free Account in Asset Plus.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.