Key Event Details

  • 33rd Annual General Meeting to be held on Wednesday, August 26, 2026, at 12:00 Noon (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Cut-off date for shareholders: Friday, August 21, 2026
  • Remote e-voting period: August 22, 2026 (09:00 AM) to August 25, 2026 (05:00 PM)
  • Notice and Annual Report sent electronically to members on July 30, 2026

Business Items for Shareholder Approval

Ordinary Business:

1. Adoption of Audited Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors

2. Appointment of Mr. Bhavanam Ruthvik Reddy (DIN: 08372627) as Whole-Time Director & CEO who retires by rotation

Special Business:

3. Re-appointment of Mr. Subba Rao Veeravenkata Meka (DIN: 07173955) as Managing Director for five years from September 12, 2026 to September 11, 2031

  • Basic Salary: ₹7,00,000 per month (effective September 12, 2026)
  • Perquisites including medical reimbursement, LTA, utilities, house maintenance
  • Provident Fund, Gratuity and other retirement benefits
  • Annual Performance Incentive as determined by Board/NRC
  • Annual increment of up to 10% on basic salary
  • Minimum remuneration payable in case of absence/inadequacy of profits

4. Re-appointment of Mr. Bhavanam Ruthvik Reddy (DIN: 08372627) as Whole-Time Director & CEO for five years from September 12, 2026 to September 11, 2031

  • Basic Salary: ₹4,20,000 per month (effective September 12, 2026)
  • Similar perquisites and benefits as MD
  • Annual increment of up to 10% on remuneration
  • Minimum remuneration payable in case of absence/inadequacy of profits

5. Approval for grant of Employee Stock Options to Mr. Subba Rao Veeravenkata Meka exceeding 1% of issued capital

  • Up to 10,00,000 Employee Stock Options during any one financial year
  • 5,00,000 ESOPs already recommended by NRC on May 29, 2026
  • Balance up to 5,00,000 ESOPs may be granted in one or more tranches
  • Each ESOP entitles grantee to subscribe to one Equity Share of ₹10 each

Financial Highlights (FY 2025-26)

  • Total Income: ₹154.60 lakhs (compared to negative ₹302.21 lakhs in FY25)
  • Interest Income: ₹325.21 lakhs (from lending operations commenced in June 2025)
  • Investment Income: Negative ₹176.83 lakhs (including realized gain of ₹269.31 lakhs, unrealized loss of ₹485.47 lakhs, dividend income of ₹39.33 lakhs)
  • Total Expenses: ₹474.97 lakhs (including finance costs ₹28.07 lakhs, impairment on loan assets ₹32.34 lakhs)
  • Loss Before Tax: ₹320.37 lakhs (improved from ₹581.89 lakhs in FY25)
  • Net Loss: ₹252.63 lakhs (improved from ₹542.24 lakhs in FY25)
  • Total Comprehensive Loss: ₹249.90 lakhs (improved from ₹542.72 lakhs in FY25)

Balance Sheet Position (as of March 31, 2026)

  • Total Assets: ₹9,125.02 lakhs
  • Net Loans: ₹4,595.34 lakhs (Gross Loans: ₹4,643.05 lakhs)
  • Investments: ₹3,980.35 lakhs
  • Cash and Cash Equivalents: ₹142.31 lakhs
  • Borrowings: ₹1,448.65 lakhs
  • Net Worth: ₹7,604.32 lakhs
  • Equity Share Capital: ₹1,701.35 lakhs (17,013,549 shares of ₹10 each)

Capital Structure Changes

  • Rights Issue: 70,05,579 equity shares at ₹70 per share (including premium of ₹60) raising ₹4,903.91 lakhs
  • Authorized Share Capital increased to ₹50 crores (from ₹25 crores)
  • ESOP Scheme: Crescentis Capital Limited Employees' Stock Option Scheme, 2025 approved by shareholders

Key Operational Developments

  • Commenced lending operations as NBFC-ICC in June 2025
  • Name changed from Som Datt Finance Corporation Limited to Crescentis Capital Limited effective January 6, 2026
  • Registered office relocated from Delhi to Hyderabad in August 2024
  • Gross NPA: 0.34%, Net NPA: 0.26%
  • Debt to Equity ratio: 0.19x

Board and Committee Composition

Board of Directors:

  • Dr. Bhaskara Rao Bollineni (Non-Executive Director & Chairman)
  • Mr. Subba Rao Veeravenkata Meka (Managing Director)
  • Mr. Bhavanam Ruthvik Reddy (Whole-Time Director & CEO)
  • Mr. Rajvir Singh Chhillar (Independent Director)
  • Ms. Jayanthi Talluri (Independent Director)
  • Mr. Venkata Ramana Dhulipala (Independent Director)

Key Managerial Personnel:

  • Mr. Shashank Shankpal (Chief Financial Officer)
  • Mr. V.V. Krishna Chaitanya (Company Secretary & Compliance Officer)

Committees:

  • Audit Committee: Mr. Rajvir Singh Chhillar (Chairman), Mr. Venkata Ramana Dhulipala, Mr. Subba Rao Veeravenkata Meka, Ms. Jayanthi Talluri
  • Nomination and Remuneration Committee: Mr. Rajvir Singh Chhillar (Chairman), Dr. Bhaskara Rao Bollineni, Ms. Jayanthi Talluri
  • Stakeholder Relationship Committee: Mr. Rajvir Singh Chhillar (Chairman), Mr. Bhavanam Ruthvik Reddy, Mr. Subba Rao Veeravenkata Meka

Future Plans

  • Raising funds up to ₹80 crores via Rights Issue (approved by Board on May 29, 2026)
  • Scaling up lending business across MSME, renewable energy, and healthcare segments
  • Expanding loan portfolio and Assets Under Management (AUM)

Voting Arrangements

  • Remote e-voting through NSDL from August 22-25, 2026
  • Physical meeting through VC/OAVM with registered office as venue
  • Mr. Arun Kumar Gupta appointed as Scrutinizer
  • Shareholders can register for speaking at AGM by August 21, 2026

Additional Information

  • Company website: www.somdattfin.com
  • Investor email: cs@crescentis.in
  • Registrar and Share Transfer Agent: M/s. RCMC Share Registry Pvt. Ltd.
  • Shares listed on BSE Limited (Scrip Code: 511571, ISIN: INE754C01010)
  • Dematerialization: 87.03% with NSDL, 7.17% with CDSL, 5.80% in physical form

#Tags: #CrescentisCapital #AGM2026 #FY26Results #NBFC #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral