Postal Ballot Notice seeking shareholders approval for as specified in the postal ballot notice.
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Awaiting price reaction for this filing.
Som Datt Finance Corporation Ltd has issued a Postal Ballot Notice dated November 25, 2025, seeking shareholder approval through e-voting on two special resolutions. The first resolution seeks consent to change the company's name to 'Crescentis Capital Limited' — the move follows a change in management and control in July 2023, after which the new promoters and board relocated to Hyderabad; the company has already received a No Objection Certificate from the RBI (November 6, 2025) and name availability confirmation from the Registrar of Companies (November 14, 2025). The second resolution seeks approval for the 'ESOS 2025', an employee stock option plan covering up to 13,00,000 equity shares in aggregate, with a cap of 10,00,000 options per employee per financial year, vesting in 1–2 years and a 3-year exercise period; promoters, promoter group employees, independent directors, and directors holding over 10% equity are excluded. E-voting will run from November 27, 2025 (9:00 AM) to December 26, 2025 (5:00 PM), with results expected on or before December 28, 2025.
These are largely structural and governance-related actions. The name change rebrands the company to reflect its post-2023 new management identity and Hyderabad-based operations, with no change in shareholder rights. The ESOP could result in modest equity dilution (up to ~13 lakh shares) but is aimed at attracting and retaining key talent; it is unlikely to materially affect short-term stock price.