Leading Leasing Finance And Investment Company Ltd — Updates, 06-05-2025: Company Update

Leading Leasing Finance and Investment Company Limited has announced a board meeting on which it approved the conversion of 5.5 crore convertible warrants into an equal number of equity shares, following receipt of Rs. 30.53 Cr at Rs. 5.55 per warrant (75% of the issue price). This allotment increases the paid-up equity share capital to Rs. 49.45 Cr, comprising 49.45 crore shares of Rs. 1 each. Post-conversion, 7.4 crore warrants remain pending. The warrant holders exercising conversion include Unico Global Opportunities Fund Limited and Al Maha Investment Fund PCC - Onyx Strategy. This move strengthens the company’s equity base and enhances shareholder value.