Crescentis Capital Limited has announced the receipt of its physical Certificate of Registration from the Reserve Bank of India, marking a significant regulatory milestone for the financial services company. The company informed BSE Limited about this development in compliance with SEBI listing regulations.

Regulatory Approval Details

The Certificate of Registration was issued by the Reserve Bank of India's Department of Regulation, Bengaluru Regional Office, under Section 45 IA of the Reserve Bank of India Act, 1934. This registration specifically permits Crescentis Capital Limited to carry on the business of a non-banking financial institution without accepting public deposits.

Company Background

Crescentis Capital Limited was formerly known as Som Datt Finance Corporation Limited. The company operates under CIN L65921TS1993PLC188494 and is listed on BSE Limited. The regulatory communication was signed by V V Krishna Chaitanya, who serves as the Company Secretary and Compliance Officer.

Compliance and Disclosure

The company made this disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and corporate developments that could impact investor decisions.

The receipt of the physical certificate represents the completion of the regulatory approval process, enabling the company to formally commence operations as a registered non-banking financial company under RBI supervision.

Crescentis Capital Limited (formerly known as Som Datt Finance Corporation Limited) announced its Q3FY26 financial results on February 13, 2026, marking a significant turnaround with a profit of ₹119.27 lakhs compared to a loss of ₹428.65 lakhs in the corresponding quarter of the previous year. The board meeting, which was scheduled through a regulatory filing dated February 7, 2026, concluded successfully with the approval of unaudited financial results and key strategic initiatives.

Financial Performance Overview

The company's financial performance for Q3FY26 demonstrates a remarkable recovery across key metrics:

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, Crescentis Capital achieved substantial growth:

Revenue Composition and Growth Drivers

The company's revenue structure for Q3FY26 showed diversified income streams. Interest income contributed ₹140.04 lakhs, marking the company's entry into active lending operations. Dividend income remained stable at ₹10.91 lakhs compared to ₹5.46 lakhs in Q3FY25. Net gain on fair value changes contributed significantly with ₹221.00 lakhs, reversing the previous year's loss of ₹432.22 lakhs in the same category.

Board Decisions and Strategic Initiatives

The board meeting held on February 13, 2026, from 4:00 PM to 5:10 PM, addressed several key agenda items:

The Nomination and Remuneration Committee recommended the approval of CCL Employees' Stock Option Scheme 2025, which was subsequently approved by the board in accordance with Section 62 of the Companies Act, 2013, and SEBI regulations.

Operational Developments and Fund Utilization

Crescentis Capital successfully commenced its lending operations during the current financial year from June 2025. The company has fully utilized the ₹4,903.91 lakhs raised through its oversubscribed Rights Issue, which closed in July 2025 with 123% oversubscription. The funds were allocated toward augmenting capital base (₹4,745.34 lakhs), general corporate purposes (₹102.01 lakhs), and issue-related expenses (₹56.56 lakhs).

The company operates as a Non-Banking Financial Company with financing and investment activities as its primary business segment. With pledged securities worth ₹2,045.30 lakhs as collateral for loan facilities, Crescentis Capital has strengthened its operational foundation for sustained growth in the NBFC sector.