Description

BSE has approved listing of 1 crore equity shares issued by Leading Leasing Finance and Investment Co. Limited on preferential basis through warrant conversion, with trading commencing January 8, 2026.

Summary

BSE has listed 1,00,00,000 (1 crore) new equity shares of Leading Leasing Finance and Investment Co. Limited (Scrip Code: 540360) issued to non-promoters on a preferential basis pursuant to warrant conversion. Trading in these new securities will commence from January 8, 2026. The shares carry a lock-in period until July 14, 2026.

Key Points

  • 1 crore equity shares of Rs. 1/- each issued at premium of Rs. 6.40/- per share
  • Issue price: Rs. 7.40/- per share
  • Allotted to non-promoters on preferential basis through warrant conversion
  • Distinctive Numbers: 553565501 to 563565500
  • ISIN: INE715Q01029
  • Shares rank pari-passu with existing equity shares
  • Trading effective from January 8, 2026

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI preferential allotment regulations.

Compliance Requirements

  • Trading members must note the new securities listing for Leading Leasing Finance and Investment Co. Limited
  • Lock-in restrictions must be enforced on all 1 crore shares until the specified lock-in expiry date
  • Shares cannot be transferred or traded until lock-in period expires

Important Dates

  • Date of Allotment: November 25, 2025
  • Trading Commencement: January 8, 2026
  • Lock-in Expiry: July 14, 2026 (all 1,00,00,000 shares)

Impact Assessment

Market Impact: Low - This is a routine listing of preferentially allotted shares through warrant conversion. The 1 crore new shares represent capital infusion but are subject to lock-in restrictions until mid-2026, limiting immediate market liquidity impact.

Company Impact: The preferential allotment at Rs. 7.40/- per share raises approximately Rs. 7.40 crores for the company, strengthening its capital base. The allotment to non-promoters may marginally dilute promoter holding.

Trading Impact: Minimal immediate impact as all shares are locked-in for approximately 6 months. Post lock-in expiry in July 2026, additional supply may affect stock liquidity and price discovery.

Impact Justification

Routine listing notification for preferential allotment through warrant conversion. Limited market impact as shares are locked-in until July 2026. Affects only company-specific trading activity.