Description
Listing of 1 crore equity shares issued on preferential basis pursuant to conversion of warrants, with trading commencing December 18, 2025.
Summary
BSE has approved the listing of 1,00,00,000 new equity shares of Leading Leasing Finance and Investment Company Limited (Scrip Code: 540360) issued to non-promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading on December 18, 2025, and are subject to lock-in until July 4, 2026.
Key Points
- 1,00,00,000 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 pursuant to warrant conversion
- Shares ranking pari-passu with existing equity shares
- Date of allotment: November 13, 2025
- Distinctive numbers: 543565501 to 553565500
- ISIN: INE715Q01029
- All shares subject to lock-in until July 4, 2026
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
Trading members are informed of the new securities listing and must ensure compliance with standard trading procedures for these shares. The lock-in restrictions must be observed until the specified date.
Important Dates
- Allotment Date: November 13, 2025
- Trading Commencement: December 18, 2025
- Lock-in Expiry: July 4, 2026
Impact Assessment
This is a routine listing of preferential allotment shares following warrant conversion. The issuance represents dilution to existing shareholders but provides capital to the company. The lock-in period of approximately 7 months provides stability by preventing immediate selling pressure. Market impact is expected to be minimal given the lock-in provisions and the issuance to non-promoters.
Impact Justification
Routine listing of preferential allotment shares post warrant conversion. Limited market impact for a single company with standard lock-in provisions.