Description

BSE announces listing of 1 crore equity shares issued on preferential basis pursuant to conversion of warrants, effective December 18, 2025.

Summary

BSE has approved the listing of 1,00,00,000 (1 crore) equity shares of Leading Leasing Finance and Investment Company Limited (Scrip Code: 540360) with effect from Thursday, December 18, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 7.40 per share (face value Rs. 1 plus premium of Rs. 6.40). The shares are subject to lock-in until July 4, 2026.

Key Points

  • 1,00,00,000 equity shares of Rs. 1/- each issued at Rs. 7.40 per share
  • Issued to non-promoters on preferential basis through warrant conversion
  • Date of allotment: November 13, 2025
  • Trading commencement: December 18, 2025
  • Distinctive numbers: 543565501 to 553565500
  • ISIN: INE715Q01029
  • New shares rank pari-passu with existing equity shares
  • Complete lock-in on all 1 crore shares until July 4, 2026

Regulatory Changes

No regulatory changes announced. This is a routine listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members are informed that these new securities are permitted to trade on the exchange from December 18, 2025
  • Lock-in restrictions must be observed until July 4, 2026 for all allotted shares
  • Shares are subject to standard preferential allotment regulations

Important Dates

  • Allotment Date: November 13, 2025
  • Trading Commencement: December 18, 2025
  • Lock-in Period Ends: July 4, 2026
  • Notice Date: December 17, 2025

Impact Assessment

This listing has minimal market-wide impact as it pertains to a single company’s preferential allotment. The addition of 1 crore equity shares increases the tradable float of Leading Leasing Finance and Investment Company Limited, though shares remain locked-in for approximately 6.5 months. The preferential issue to non-promoters at Rs. 7.40 per share represents capital raising activity. Investors should note the significant lock-in period which restricts liquidity of these specific shares until mid-2026.

Impact Justification

Routine preferential allotment listing for a single company with limited market-wide impact. Affects only specific shareholders of Leading Leasing Finance.