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:

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.

Som Datt Finance Corporation Ltd. has successfully concluded its rights issue, resulting in significant changes to its shareholding structure and an expansion of its equity share capital. The company, listed on the BSE Limited, saw its promoters substantially increase their stakes through the allotment of new shares on July 15, 2025.

Key Highlights of the Rights Issue

• The company's total equity share capital expanded from ₹10.01 crore to ₹17.01 crore.
• The number of equity shares increased from 1.00 crore to 1.70 crore, with each share having a face value of ₹10.

Changes in Promoter Shareholding

Dr. Bhaskara Rao Bollineni

Bhavanam Ruthvik Reddy

Non-Promoter Participation

A notable non-promoter investor, Subba Rao Veera Venkata Meka, who is also a Key Managerial Personnel (KMP) of the company, participated in the rights issue:

Regulatory Compliance

The company has made the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 10(6) of the same. These disclosures detail the changes in shareholding patterns resulting from the rights issue.

Impact on Shareholding Structure

The rights issue has led to a concentration of ownership among the promoter group. The combined shareholding of the two main promoters, Dr. Bhaskara Rao Bollineni and Bhavanam Ruthvik Reddy, has increased from 69.36% to 74.97% of the total share capital.

This rights issue marks a significant development for Som Datt Finance Corporation Ltd., strengthening its capital base and reaffirming the promoters' commitment to the company. Investors and market watchers will likely keep a close eye on how this increased promoter stake might influence the company's future strategic decisions and performance.