Crescentis Capital Limited Receives Official MCA Approval for Name Change

2 min read     Updated on 15 Nov 2025, 12:44 PM
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Reviewed by
Radhika SScanX News Team
Overview

Crescentis Capital Limited has officially completed its corporate rebranding after receiving Ministry of Corporate Affairs approval for name change from Som Datt Finance Corporation Limited, effective January 06, 2026. The transformation follows overwhelming 99.99% shareholder approval through postal ballot and includes implementation of Employee Stock Option Scheme 2025.

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*this image is generated using AI for illustrative purposes only.

Crescentis Capital Limited (formerly Som Datt Finance Corporation Limited) has successfully completed its corporate rebranding process after receiving official approval from the Ministry of Corporate Affairs for its name change. The company announced on January 06, 2026, that the Registrar of Companies has formally approved the transformation from "Som Datt Finance Corporation Limited" to "Crescentis Capital Limited" with immediate effect.

Official Name Change Confirmation

The Ministry of Corporate Affairs issued a fresh Certificate of Incorporation pursuant to the name change, officially recognizing the company's new identity. The certificate, signed by Assistant Registrar M. Yadubhushana Rao at the Central Processing Centre, confirms the legal completion of the rebranding initiative.

Parameter: Details
Effective Date: January 06, 2026
New Company Name: Crescentis Capital Limited
Former Name: Som Datt Finance Corporation Limited
CIN: L65921TS1993PLC188494
Certificate Authority: Central Processing Centre, MCA

Previous Shareholder Approval Process

The name change received overwhelming shareholder support through a postal ballot process concluded in December 2025. The voting results demonstrated exceptional approval rates across both the name change resolution and Employee Stock Option Scheme implementation.

Shareholder Voting Results Summary

Resolution Type: Total Votes Approval Rate Votes Against
Name Change: 12,851,973 99.99% 130
ESOP Scheme 2025: 12,851,973 99.99% 127

The postal ballot process was conducted in full compliance with SEBI regulations, with Arun Kumar Gupta & Associates serving as scrutinizer. Both the promoter group and public non-institutional shareholders showed near-unanimous support for the strategic rebranding initiative.

Regulatory Compliance and Implementation

The company has initiated necessary steps to implement the name change across all statutory authorities, regulators, and stakeholders, including stock exchanges. As per regulatory requirements, the company must display both old and new names for two years at all locations where the company name is required to be displayed under Section 12 of the Companies Act.

Compliance Aspect: Status
MCA Approval: Completed
Certificate Issued: January 06, 2026
Stock Exchange Notification: In Progress
Stakeholder Communication: Initiated

Strategic Transformation Complete

With the official MCA approval, Crescentis Capital Limited has successfully completed its transformation from Som Datt Finance Corporation Limited. The rebranding reflects the company's strategic evolution in the financial services sector, supported by the concurrent approval of the Employee Stock Option Scheme 2025 covering up to 13,00,000 stock options for eligible employees.

The company's registered office remains at 8-2-502/1/A, Ground Floor, JIVI Towers, Road No 7, Banjara Hills, Hyderabad, with V.V. Krishna Chaitanya continuing as Company Secretary and Compliance Officer overseeing the transition process.

Historical Stock Returns for Som Datt Finance Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
+0.30%-3.03%+5.64%+1.10%+24.85%+1,287.90%
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Som Datt Finance Corporation Reports Profit in Q2 FY26, Approves Employee Stock Option Scheme

1 min read     Updated on 12 Nov 2025, 10:22 PM
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Reviewed by
Ashish TScanX News Team
Overview

Som Datt Finance Corporation Limited reported a profit of ₹48.88 lakhs in Q2 FY26, compared to a loss of ₹335.44 lakhs in Q1 FY26. The company approved an employee stock option scheme and completed an oversubscribed rights issue raising ₹4,903.91 lakhs. Som Datt Finance also commenced lending operations in June 2025, with loans of ₹751.74 lakhs on its balance sheet as of September 30, 2025.

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*this image is generated using AI for illustrative purposes only.

Som Datt Finance Corporation Limited , a financial services company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showing a significant turnaround in its financial performance. The company has also approved an employee stock option scheme and successfully completed a rights issue.

Financial Performance

Som Datt Finance Corporation reported a notable improvement in its financial results for Q2 FY26:

Particulars Q2 FY26 Q1 FY26 H1 FY26 H1 FY25
Profit/(Loss) ₹48.88 lakhs (₹335.44 lakhs) ₹287.26 lakhs (₹264.30 lakhs)

The company's performance shows a remarkable turnaround, moving from a loss in the previous quarter to a profit in Q2 FY26. The half-yearly results also reflect this positive trend, with a significant profit compared to a loss in the corresponding period of the previous year.

Employee Stock Option Scheme

The Board of Directors has approved the 'Som Datt Finance Corporation Limited Employees Stock Option Scheme 2025' (ESOS), subject to shareholders' approval. This move is likely aimed at aligning employee interests with those of the company and its shareholders.

Successful Rights Issue

Som Datt Finance Corporation completed a rights issue that ran from June 20, 2025, to July 4, 2025. The company issued 70,05,579 equity shares at ₹70 per share, raising a total of ₹4,903.91 lakhs. The issue was oversubscribed by more than 123%, indicating strong investor confidence in the company's prospects.

Commencement of Lending Operations

In a significant development, Som Datt Finance Corporation initiated its lending operations in June 2025. As of September 30, 2025, the company reported loans of ₹751.74 lakhs on its balance sheet, marking its entry into the active lending market.

Corporate Governance

The company held a Board of Directors meeting on November 12, 2025, where they approved the unaudited financial results for Q2 and H1 FY26. The meeting also saw the approval of related party transactions, subject to shareholders' consent.

Som Datt Finance Corporation's transition to profitability, coupled with its strategic initiatives like the employee stock option scheme and the commencement of lending operations, suggests a focused approach towards growth and value creation. The successful rights issue further underscores investor confidence in the company's future prospects. However, investors should continue to monitor the company's performance in the coming quarters to assess the sustainability of this positive trend.

Historical Stock Returns for Som Datt Finance Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
+0.30%-3.03%+5.64%+1.10%+24.85%+1,287.90%
Som Datt Finance Corporation
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