Outcome of Board Meeting held on August 13, 2025 for results and other matters.
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Som Datt Finance Corporation Ltd's board, at its August 13, 2025 meeting, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). The NBFC reported total revenue of ₹495.10 lakhs and a net profit of ₹335.44 lakhs (EPS of ₹3.36), largely driven by net fair value gains of ₹491.37 lakhs on investments. The board noted the resignation of Company Secretary and Compliance Officer Ms. Neha Agarwal effective August 14, 2025, and appointed Mr. Krishna Chaitanya (an ICSI member with 8+ years of experience, previously with Maximus ARC and Shilpa Medicare) as her replacement effective August 15, 2025. The board also approved a revision in remuneration for Whole-Time Director Mr. Bhavanam Ruthvik Reddy (subject to shareholder approval), deferred the ESOS 2025 scheme, and cleared related party transactions for shareholder approval. The 32nd AGM is scheduled for September 25, 2025 via video conferencing, with e-voting from September 22–24.
Smooth, back-to-back transition of the Company Secretary role avoids any compliance gap. Quarterly profit improved marginally year-on-year despite higher expenses, but revenue is heavily dependent on fair value changes on investments, which may not be sustainable. Shareholders should watch the September 25 AGM for votes on the director remuneration revision and related party transactions.