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GDL Leasing & Finance LtdImportant, 31-12-2025: Company Update

31-12-2025 | 04:37 pm

GDL Leasing & Finance Limited's proposed preferential issue of 49,50,000 warrants, convertible into equity shares, has been withdrawn. The company's shareholders, during an Extraordinary General Meeting, did not approve the special resolution required for this issue. Consequently, the company will not proceed with issuing these warrants. A pending listing application for the proposed warrants with the exchange will also be withdrawn. This means the planned capital raise through warrants will not occur, impacting potential dilution and fundraising plans.

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