With respect to the above referred disclosure dated 12th September, 2022 made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, it is hereby informed that Credent Assets Management Services Private Limited (CAMS) was incorporated on 17th September, 2014.
Oracle Credit Limited ('the Company') has made further investment in CAMS by way of acquisition of 11,69,307 (Eleven Lakhs Sixty Nine Thousand Three hundred Seven) Equity Shares at a price of INR 48/- per share aggregating to an amount of INR 5,61,26,736/- (Rupees Five Crore Sixty One Lakhs Twenty Six Thousand Seven Hundred Thirty Six Only) from the existing Equity Shareholders of the CAMS, i.e., Mr. Aditya Vikram Kanoria, Mr. Mandeep Singh, Mr. Ashish Sarin and Mr. Santosh Kumar Agarwal on 03rd February, 2023.
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