Classic Leasing & Finance Ltd — Important, 09-01-2026: Company Update
09-01-2026 | 06:21 pm
09-01-2026 | 06:21 pm
Classic Leasing & Finance's Board approved a preferential allotment of 92.50 lakh equity shares at Rs. 11.50 each. This capital raise, totaling Rs. 10.64 crore, includes allotments to promoters, promoter group entities, and non-promoter investors. This strategic move significantly increases the company's paid-up share capital from Rs. 3.00 crore to Rs. 12.25 crore. The fresh capital injection is crucial for strengthening the company's financial base and supporting its operational growth initiatives.
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