Description
1.25 crore equity shares of Leading Leasing Finance listed on BSE effective August 14, 2025, issued through warrant conversion.
Summary
BSE has approved the listing of 1,25,00,000 new equity shares of Leading Leasing Finance and Investment Co. Limited (Scrip Code: 540360) effective August 14, 2025. The shares were issued through conversion of warrants on a preferential basis to non-promoters.
Key Points
- 1.25 crore equity shares of Rs. 1/- each listed
- Issue price: Rs. 7.40 per share (Rs. 1 face value + Rs. 6.40 premium)
- Issued to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE715Q01029
- Distribution numbers: 524565501 to 537065500
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members can commence trading from August 14, 2025
- Standard compliance requirements for equity trading apply
Important Dates
- Allotment Date: June 25, 2025
- Trading Commencement: August 14, 2025
- Lock-in Period Expiry: February 27, 2026
Impact Assessment
Minimal market impact as this is a routine listing of shares issued through warrant conversion. The lock-in period until February 2026 restricts immediate trading of all issued shares, limiting potential dilution effects.
Impact Justification
Routine equity listing through warrant conversion with limited market impact