approval of postal ballot resolutions by the members of the company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shareholders of the company approved two special resolutions via postal ballot (e-voting held from 27 Nov to 26 Dec 2025, results declared 27 Dec 2025). The first resolution approves changing the company name from 'Som Datt Finance Corporation Limited' to 'Crescentis Capital Limited'. The second resolution approves an Employee Stock Options Scheme ('Som Datt Finance Corporation Limited Employees' Stock Options Scheme, 2025') for eligible employees. Both resolutions were passed as special resolutions, requiring a higher voting threshold, indicating broad shareholder support.
The name change signals a strategic rebranding, possibly to reflect a shift in business focus or identity under its new identity. The ESOP approval could lead to future equity dilution if options are exercised, and may be used to attract or retain talent.