Description
1.25 crore equity shares of Leading Leasing Finance listed on BSE effective August 14, 2025, issued through warrant conversion to non-promoters.
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. These shares were issued at Rs. 7.40 per share through conversion of warrants on a preferential basis to non-promoters.
Key Points
- 1.25 crore equity shares of Rs. 1/- each issued at premium of Rs. 6.40/-
- Issue price: Rs. 7.40 per share
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- ISIN: INE715Q01029
- Distinctive numbers: 524565501 to 537065500
Regulatory Changes
No regulatory changes. Standard listing process for warrant conversion.
Compliance Requirements
- Trading members can commence trading in new securities from August 14, 2025
- Lock-in period applies to all 12.5 million shares until February 27, 2026
Important Dates
- Allotment Date: June 25, 2025
- Trading Commencement: August 14, 2025
- Lock-in Period End: February 27, 2026
Impact Assessment
Limited market impact as this is a standard warrant conversion listing. The 18.5-month lock-in period prevents immediate trading of all new shares, maintaining market stability.
Impact Justification
Standard equity listing notice for warrant conversion with minimal market impact