Crescentis Capital Approves Key Director Re-appointments and Focuses on Lending Growth at 33rd AGM

Crescentis Capital Approves Key Director Re-appointments and Focuses on Lending Growth at 33rd AGM​

Crescentis Capital Limited, formerly known as Som Datt Finance Corporation Limited, has approved crucial strategic business matters relating to its management and capital structure at the conclusion of its 33rd Annual General Meeting (AGM). The company is actively transitioning from an investment-oriented model into a full-scale lending entity, driving significant growth in its balance sheet.

The AGM for Crescentis Capital Limited, which will be held on August 26, 2026, through Video Conferencing/Other Audio-Visual Means (VC/OAVM), provides members with key updates regarding the company's operations and strategic direction.

Management and Governance Updates​

A major focus of the AGM was the re-appointment and remuneration review for senior management personnel. The members accorded consent for the following renewals:

• Mr. Subba Rao Veeravenkata Meka (Managing Director): He was re-appointed as Managing Director for a further term of five consecutive years, commencing from September 12, 2026, and ending on September 11, 2031. The company approved the revision in his remuneration from 4,80,000/- per month to 7,00,000/- per month, effective September 12, 2026.
• Mr. Bhavanam Ruthvik Reddy (Whole-Time Director & CEO): He was re-appointed for a five-year term, effective from September 12, 2026, to September 11, 2031. His remuneration was revised to 4,20,000/- per month as of the AGM.
• Employee Stock Options: The members approved a special resolution allowing for the grant of up to 10 lakh Employee Stock Options (ESOs) to Mr. Subba Rao Veeravenkata Meka under the Crescentis Capital Limited Employees' Stock Option Scheme, 2025 (CCL ESOS 2025).

The company has been aggressively expanding its credit portfolio since commencing lending operations in June 2025. As of March 31, 2026, the loan book stands at 4,595.34 lakhs net loans. This operational focus contributed to a significant increase in total assets for the company, which rose to 9,125.02 lakhs from 3,022.17 lakhs in the previous year.

Financial Performance Highlights (FY 2025-26)​

The financial statements for the year ended March 31, 2026, reflect a period of operational transition. While the company recorded a net loss after tax, it significantly improved its profitability outlook compared to FY 2024-25.

Key performance indicators (KPIs) and financial metrics are summarized below:


The improvement in total income is primarily attributed to the 325.21 lakhs interest income generated from the lending operations commenced in June 2025. The net loss after tax was substantially lower compared to the preceding year's loss of (542.24) lakhs.

Financial Risk and Asset Quality​

The company continues to prioritize risk management across its diversified business model, which includes both investment holdings and a growing lending portfolio.

Key figures regarding asset quality as at March 31, 2026:


The lending portfolio, which includes secured and unsecured loans, remains compliant with prudential norms set by the Reserve Bank of India (RBI). Furthermore, the company successfully raised capital through a rights issue in July 2025, bringing its total assets to 9,125.02 lakhs. The company maintains a conservative debt to equity ratio of 0.19x.

Operational Milestones and Future Outlook​

The successful execution of corporate milestones during the review period included the formal change in name from Som Datt Finance Corporation Limited to Crescentis Capital Limited (Certificate of Incorporation issued on January 6, 2026).

In terms of market exposure, the company's investment portfolio is focused, with 3,980.35 lakhs invested in equity instruments and remaining highly liquid. The management stated that the dual-engine model—combining equity investments with a growing lending portfolio—positions the company to capitalize on India’s long-term growth trajectory while maintaining disciplined risk oversight.

The AGM provides members opportunities for voting on ordinary business, including the approval of audited financial statements, and special business concerning the appointments and related transactions detailed in the annual report.

Stock Price Movement​

As of 12:43, Crescentis Capital Ltd is edging higher at ₹113.95, reflecting a strong gain of 5.02%.The shares have shown significant movement today, having traded between an intraday low of ₹105.05 and a high of ₹114.95.