Crescentis Capital Limited shareholders approved all five resolutions proposed at its 33rd Annual General Meeting on August 26, 2026. The vote covered the adoption of FY26 financials, key board reappointments, and employee stock option grants.

The meeting was conducted via video conferencing in compliance with Ministry of Corporate Affairs circulars. Dr. Bhaskara Rao Bollineni, Chairman, confirmed the requisite quorum. Mr. Arun Kumar Gupta served as the Scrutinizer for the remote e-voting process conducted through National Securities Depository Limited (NSDL).

Voting Results

All resolutions passed with overwhelming support. The promoter group held 12,756,347 shares as on the cut-off date of August 21, 2026. Public non-institutional shareholders held 190,538 shares.

Director Reappointments

Members reappointed Mr. Bhavanam Ruthvik Reddy as Whole-Time Director & CEO by rotation and for a further five-year term. Mr. Subba Rao Veeravenkata Meka was reappointed as Managing Director for five years.

The promoters abstained from voting on the resolutions concerning Mr. Reddy’s reappointments, as they were interested parties. Consequently, these resolutions were decided solely by public non-institutional shareholders, who voted in favour by 99.876%. The promoter group voted unanimously in favour of the other three resolutions.

Other Business

The AGM also approved the grant of Employee Stock Options to an identified employee equal to or exceeding one percent of issued capital. The audited financial statements for FY26 were adopted with 99.998% support.

Crescentis Capital Limited delivered a strong financial performance in the first quarter of FY26, with net profit surging 133% year-on-year to ₹78.2 crore. The non-banking financial company (NBFC) recorded revenue from operations of ₹109.4 crore, a significant increase from ₹49.5 crore in Q1FY25.

The results were approved by the Board of Directors at a meeting held on August 13, 2026. The figures are unaudited and prepared in accordance with Indian Accounting Standards (Ind AS) and Reserve Bank of India guidelines.

Financial Highlights

The company generated a profit before tax of ₹96.2 crore, compared to ₹41.1 crore in the corresponding period of the previous fiscal. Total comprehensive income stood at ₹79.3 crore.

What the Numbers Show

The divergence between revenue growth (121%) and profit growth (133%) indicates improved operating leverage during the quarter. With a debt-to-equity ratio of just 0.1x, Crescentis Capital maintains a conservative leverage profile while expanding its earnings base. The net worth increased to ₹839.2 crore from ₹330.3 crore a year ago, bolstered by retained earnings and other equity reserves.

The NBFC operates in a single domestic segment focused on financing and investment activities. Previous period EPS figures have been restated to reflect the bonus element arising from a rights issue completed in July 2025.