Leading Leasing Finance And Investment Company Ltd — Important, 30-06-2026: Company Update

Leading Leasing Finance and Investment Company's board approved the forfeiture of 50 lakh convertible warrants. This follows a previous preferential allotment of 12.90 crore warrants at Rs. 7.40 each, totaling Rs. 95.46 crore, for which the company initially received Rs. 23.87 crore. While 12.40 crore warrants were converted into equity shares, the remaining 50 lakh warrants were not exercised by the deadline. This forfeiture means these warrants will not convert to shares, preventing potential dilution and allowing the company to retain the initial subscription amount paid for them.