Board Meeting Rescheduled to 30 September 2026
Crescentis Capital has postponed its Board Meeting by one day from 29 September to 30 September 2026 due to unavoidable circumstances.
- Original Meeting Date
- 29 September 2026
- Rescheduled Meeting Date
- 30 September 2026
- Reason for Postponement
- Unavoidable circumstances
- Meeting Agenda
- Updates on fund-raising proposal involving issuance of equity shares on a rights basis
Meeting Rescheduled
The Board Meeting of Crescentis Capital Limited (formerly Som Datt Finance Corporation Limited) has been postponed by one day.
- Original date: 29 September 2026
- New date: 30 September 2026
- Reason: Unavoidable circumstances
Key agenda item
The meeting will consider updates and progress from the Fund-Raising Committee regarding a proposal to raise funds through the issuance of equity shares on a rights basis. A rights issue allows existing shareholders to purchase additional shares at a preferential price, typically before the shares are offered to the public.
For investors
A one-day postponement is a minor administrative matter. However, the fund-raising proposal itself is significant and may be worth monitoring, as any capital raising can affect shareholding patterns and the value of existing shares depending on the terms and use of funds.
Also from Crescentis Capital
Board approves rights issue of up to Rs 80 crores; Draft Letter of Offer cleared
30 Sep 2026
Board Meeting on 29 September 2026 to Review Progress on Proposed Rights Issue
24 Sep 2026
Board meeting scheduled to discuss fund raising by rights issue
24 Sep 2026
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