Board Meeting on 29 September 2026 to Review Progress on Proposed Rights Issue

Board meets on Tuesday, 29th September 2026.

Thu 24 Sep 2026

Board Meeting Date

Tuesday, 29th September 2026

Fundraising Method

equity shares on a Rights basis

Committee Origin

Fund Raising Committee constituted at the Board Meeting of May 29, 2026

Approval Status

Subject to regulatory/statutory approvals and Board discretion

Terms Status

No amount, price or ratio has been placed on record at this stage

What was shared

Crescentis Capital Limited (formerly Som Datt Finance Corporation Limited) has given prior intimation to BSE that a meeting of its Board of Directors is scheduled for Tuesday, 29th September, 2026.

The agenda

• Updates and progress made by the Fund Raising Committee of the Board, which was constituted at the Board Meeting of May 29, 2026.
• The committee's work relates to a proposal for raising funds by way of equity shares on a Rights basis, as permitted under applicable law.
• Any such fund raising is stated to be subject to such regulatory/statutory approvals as may be required and as may be deemed appropriate by the Board.
• The meeting may also take up any other business brought before the Board with the permission of the Chair.

What a rights issue means

In a rights issue, a company offers new shares to its existing shareholders, usually in proportion to what they already hold. Shareholders can choose to subscribe, or in many cases to renounce their entitlement. It brings fresh money into the company, and shareholders who do not subscribe typically see their percentage holding in the company reduce.

How to read this

This is an intimation of a scheduled meeting and a status review, not an approval of an issue. The terms that usually matter to investors — the amount to be raised, the issue price, the entitlement ratio and the record date — would come only from a later decision of the Board and the approvals referred to in the update. Investors may prefer to wait for the outcome disclosure that follows the meeting.

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