Crescentis Capital Ltd Approves Rights Issue Letter of Offer

Crescentis Capital Ltd (formerly Som Datt Finance Corporation Limited) announced that its Board of Directors has approved the Letter of Offer for a Rights Issue. The issue involves offering 1,02,08,129 fully paid-up equity shares of face value ₹10 each at a price of ₹78 per share, aggregating to ₹7,962.34 Lakhs (₹79.62 Crore). This is on a rights basis to eligible equity shareholders in the ratio of 3 shares for every 5 shares held as of the record date, November 4, 2026. The company also confirmed that none of its promoters or directors are wilful defaulters or fraudulent borrowers.