Leading Leasing Finance And Investment Company Ltd — Important, 16-02-2026: Company Update
16-02-2026 | 05:34 pm
16-02-2026 | 05:34 pm
The company's board has approved a significant capital restructuring. It will increase its authorized share capital from 60 Cr to 115 Cr, paving the way for issuing new equity. The board also approved converting existing unsecured loans into 42.01 Cr equity shares at Rs. 5 each on a preferential basis. Additionally, 5 Cr new equity shares will be issued preferentially at Rs. 5 each. These moves aim to strengthen the balance sheet by converting debt to equity and raising capital. An Extra-Ordinary General Meeting will be held to seek shareholder approval for these proposals.
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