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Som Datt Finance Corporation LtdUpdates, 30-07-2025: Company Update

30-07-2025 | 01:55 pm

Som Datt Finance confirmed an unmodified audit opinion for its FY25 results. The company plans a rights issue, offering 70.06 lakh new shares at ₹70 each to raise ₹49.04 Cr, with a 7-for-10 entitlement ratio for existing shareholders. This capital raise will support future initiatives. The board also aims to double its authorized share capital to ₹50 Cr. Strategic appointments include new internal and secretarial auditors, a new Senior Management Personnel, and the re-appointment of an independent director, strengthening corporate governance and management for operational growth.

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