GDL Leasing Allots 30 Lakh Warrants for ₹4.2 Cr Preferential Issue

GDL Leasing & Finance Ltd's Board of Directors has approved the allotment of 30,00,000 warrants convertible into equity shares on a preferential basis. The issue price per warrant is ₹14, aggregating to ₹4,20,00,000 (₹4.2 Crore). The company has received ₹1,05,00,000 (₹1.05 Crore) as warrant subscription price, representing 25% of the issue price. The remaining 75% exercise price is ₹10.50 per warrant. These warrants are allotted to non-promoter group entities, including SRR Tech Consilium Private Limited, Jay Singh Baradia, Shalini Jain, and Chirag Jain. Each warrant is convertible into one equity share of face value ₹10.