Description
BSE announces listing of 65 lakh new equity shares of Leading Leasing Finance with lock-in period till March 1, 2026.
Summary
BSE has announced the listing of 65,00,000 new equity shares of Leading Leasing Finance and Investment Co. Limited (Scrip Code: 540360) effective from August 26, 2025. These shares were issued to non-promoters on preferential basis pursuant to warrant conversion at Rs. 7.40 per share.
Key Points
- 65,00,000 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 through warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 537065501 to 543565500
- ISIN: INE715Q01029
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in period compliance required for allotted shares
- Standard listing compliance applicable
Important Dates
- Trading commencement: August 26, 2025
- Allotment dates: June 30, 2025 (15 lakh shares) and July 14, 2025 (50 lakh shares)
- Lock-in period expires: March 1, 2026
Impact Assessment
Limited market impact as this is a standard new securities listing for a specific company. The lock-in period until March 2026 restricts immediate trading of these shares. Increases the total equity base of Leading Leasing Finance by 65 lakh shares.
Impact Justification
Standard new securities listing with lock-in requirements affects specific company shareholders