Som Datt Finance Corporation Ltd

Reg 74(5) certificate status

• Certificate under Reg 74(5) received for the quarter; enclosed with filing.

Issue overview

• Instrument: Rights issue of equity shares, face value ₹10 each.
• Mode: Rights issue to eligible equity shareholders.
• Aggregate size: up to ₹80 crore (₹8,000 Lakhs).
• Issue price: to be fixed; pricing formula not disclosed.
• Rights ratio: to be announced; fractions ignored.
• Promoter participation: will subscribe to full entitlement and any unsubscribed portions.
• Undersubscribed portion: may be allotted to Specific Investor(s).
• Record date: to be announced.
• Objective: augment capital base, repay borrowings of ₹1,500 lakhs, and general corporate purposes.
• Approvals: Board approval; Fund Raising Committee; in-principle listing approval from BSE; final listings to be obtained.
• Underwriting: Not underwritten.
• Control: issue shall not alter control of company.

Use of proceeds

• Net proceeds to be used for capital base expansion, NBFC scaling, and general corporate purposes.
• ₹1,500 lakhs of borrowings to be repaid/prepaid.
• Net proceeds allocations subject to board oversight; specific amounts for each object are per plan.

Governance and rights

• Promoters have subscription intent letters; no renunciation of rights by promoters.
• Undersubscribed portion may be allocated to Specific Investor(s) with prior disclosure.
• Rights Entitlements credited to demat suspense account; renunciation via On Market or Off Market allowed.
• Listing: Rights Equity Shares to be listed on BSE; trading approvals to be obtained.

Rights issue and LOF approval

• Rights issue approved up to Rs 80 crore including premium.
• Issue to eligible shareholders as on record date to be determined.
• Draft Letter of Offer approved for filing with BSE for listing.
• Record date to be notified subsequently.
• Subject to regulatory approvals and applicable laws.
• Annexure A outlines securities type and approximate size.
• Rights entitlement ratio to be finalised.

Rescheduling and agenda

• Board meeting moved from 29-09-2026 to 30-09-2026 due to unavoidable circumstances.
• Agenda: updates by Fund-Raising Committee on rights issue funding.
• Original date: 29-09-2026; new date: 30-09-2026.
• Reason for rescheduling: unavoidable circumstances.

Meeting Details

• Date: 29 September 2026; time and location not disclosed.

Key Agenda Items

• Consider updates on a rights issue of equity shares by the Fund Raising Committee, subject to regulatory approvals.

Other Notes

• Only agenda item disclosed is progress on rights issue; no other material items disclosed.

Meeting Details

• Date scheduled: Tuesday, 29 September 2026; time and venue not disclosed.

Key Agenda Items

• Consider updates and progress of the Fund Raising Committee on the proposed rights-based equity fundraising, subject to approvals.

Other Notes

• Fund raising proposal remains subject to regulatory/statutory approvals.

Crescentis Capital Limited (Formerly Som Datt Finance Corporation Limited) closes trading window from October 01, 2026 until 48 hours after the declaration of unaudited financial results for the quarter and half year ending September 30, 2026.

AGM Details

• AGM held on 26 August 2026 at 12:00 IST via Video Conferencing/OAVM.
• Remote e-voting period from 22 to 25 August 2026.
• Cut-off date for voting: 21 August 2026.
• Five resolutions were proposed for approval.

Resolutions and outcomes

• Item 1 Ordinary: Adopt Audited Financial Statements and Reports — Passed with overwhelming support.
• Item 2 Ordinary: Re-appoint Ruthvik Reddy as WTD & CEO — Passed with overwhelming support.
• Item 3 Special: Re-appoint Veeravenkata Meka as MD for five years — Passed with overwhelming support.
• Item 4 Special: Re-appoint Ruthvik Reddy as WTD & CEO for five years — Passed with overwhelming support.
• Item 5 Special: Approve ESOP for identified employee ≥1% — Passed with overwhelming support.