Gowra Leasing & Finance Ltd — Important, 02-12-2025: Company Update

Gowra Leasing & Finance has secured "in-principle" approval from BSE for its proposed preferential issue. The company plans to issue 24,97,500 equity shares, each with a face value of Rs. 10, at a minimum price of Rs. 120 per share. This issuance, targeting both promoters and non-promoters, is set to raise nearly Rs. 29.97 crore. This capital infusion is a significant step towards strengthening the company's balance sheet, providing essential funds for future growth initiatives and reinforcing its operational capabilities.