Pursuant to Regulation 30 and 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we here by enclose the postal ballot notice dated 25th November, 2025 for seeking ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Som Datt Finance Corporation Ltd has issued a Postal Ballot Notice dated November 25, 2025, seeking shareholder approval by special resolution on two items. First, changing the company's name from 'Som Datt Finance Corporation Limited' to 'Crescentis Capital Limited', since the Som Datt group is no longer associated with the firm after the 2023 management change to a Hyderabad-based promoter team — the RBI has already granted its No Objection Certificate on November 6, 2025, and the Registrar of Companies has confirmed the new name is available. Second, approval of the 'Employees' Stock Option Scheme 2025 (ESOS 2025)' for eligible employees, capped at 13,00,000 equity shares in aggregate and 10,00,000 options per participant per financial year, with vesting within 1–2 years and a 3-year exercise window. E-voting opens on November 27, 2025 (9:00 a.m.) and closes on December 26, 2025 (5:00 p.m.), with results due by December 28, 2025.
For shareholders, the name change is largely cosmetic and does not affect share rights or listing status, but it officially separates the company's identity from the old Som Datt group following the 2023 takeover. The ESOS 2025 introduces a potential dilution of up to 13 lakh shares going forward, though the intent is to attract and retain key employees rather than dilute existing holders meaningfully.