Lead Financial Services Ltd — Updates, 31-05-2025: Company Update

Lead Financial Services has announced a board meeting to consider the financial results for the quarter and half-year ended March 31, 2025. The company is also undertaking a rights issue of equity shares and EQ-DVR shares, with an extension in the issue closing date impacting the indicative timetable of post-issue activities. Separately, the company has initiated possession proceedings on an immovable property due to loan default by borrowers and guarantors, with possession taken to recover dues of approximately ₹23.44 lakh. This reflects ongoing recovery efforts linked to the company’s lending business and impacts asset quality.