Som Datt Finance Corporation Seeks Shareholder Approval for Name Change to Crescentis Capital Limited and Employee Stock Option Scheme

1 min read     Updated on 15 Nov 2025, 12:44 PM
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Overview

Som Datt Finance Corporation Limited plans to change its name to Crescentis Capital Limited and implement an Employee Stock Option Scheme (ESOS) 2025. The company has received approvals from the RBI and MCA for the name change. The ESOS 2025 will grant up to 13,00,000 stock options to eligible employees. Shareholder approval is being sought through a postal ballot with remote e-voting scheduled from November 27 to December 26, 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 plans to change its name to Crescentis Capital Limited and implement an Employee Stock Option Scheme (ESOS) 2025. The company has issued a postal ballot notice seeking shareholder approval for these significant changes.

Key Developments

Proposed Name Change

Som Datt Finance Corporation Limited plans to rebrand as Crescentis Capital Limited.

Regulatory Approvals

The company has secured crucial approvals from regulatory authorities:

Authority Approval Details
Reserve Bank of India (RBI) No Objection Certificate (NOC) received
Ministry of Corporate Affairs (MCA) Name 'Crescentis Capital Limited' reserved

Employee Stock Option Scheme

  • The company plans to implement ESOS 2025 for eligible employees.
  • Up to 13,00,000 stock options are planned to be granted under the ESOS 2025 scheme.

Shareholder Approval Process

Remote e-voting is scheduled from November 27 to December 26, 2025.

Implications

The proposed name change and introduction of an employee stock option scheme suggest potential shifts in the company's strategic direction, brand positioning, and employee incentive structure. While the specific reasons for the rebranding have not been disclosed, such moves are often associated with efforts to reflect new business focuses, expand market presence, or align with evolving corporate visions.

Compliance and Transparency

Som Datt Finance Corporation has adhered to regulatory requirements by making this disclosure and seeking shareholder approval through a postal ballot. This ensures transparency and keeps shareholders and the market informed about significant corporate developments.

Investors and stakeholders should note that while the name change has received initial approvals, it is subject to shareholder approval and completion of statutory formalities. The company's fundamentals, operations, and financial standing should be considered alongside these corporate actions when making investment decisions.

As the process unfolds, market participants will likely watch for any accompanying changes in the company's business strategy or operations that might follow this rebranding initiative and the implementation of the employee stock option scheme.

Historical Stock Returns for Som Datt Finance Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
+0.43%+3.63%+13.87%+16.73%+2.40%+1,151.35%
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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
+0.43%+3.63%+13.87%+16.73%+2.40%+1,151.35%
Som Datt Finance Corporation
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