Crest Ventures Limited announced the outcome of its Board Meeting held on December 18, 2025. The Board has approved a draft Scheme of Arrangement for the demerger of its Financial Services Business into a separate entity, Crest Capital and Investment Limited (CCIL). The demerger, structured as a transfer of the Demerged Undertaking on an "as is where is" basis, will result in the issuance of new shares by CCIL to eligible Crest Ventures shareholders according to a specified Share Entitlement Ratio. The existing share capital of CCIL held by Crest Ventures will be reduced and cancelled. This strategic move aims to allow focused growth for the Financial Services Business, attract specialized investors, and simplify the group structure for enhanced stakeholder value. The consolidated turnover of the Demerged Undertaking was ₹2,857.78 Lakhs for the year ended March 31, 2025, and ₹1,527.74 Lakhs for the half-year ended September 30, 2025, representing 16.49% of the company's total consolidated turnover for that period. The Scheme is subject to approvals from shareholders, creditors, SEBI, RBI, NCLT, and stock exchanges. The Share Entitlement Ratio, determined by a valuation report from SSPA & Co. dated December 18, 2025, is 1 fully paid-up equity share of ₹10 each in CCIL for every 2 fully paid-up equity shares of ₹10 each held in Crest Ventures. Galactico Corporate Services Limited has provided a fairness opinion on this ratio. The resulting entity, CCIL, is proposed to be listed on BSE Limited and the National Stock Exchange of India Limited, subject to regulatory approvals. The Board meeting commenced at 3:00 P.M. and concluded at 5:00 P.M.