StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting4 Sept 2026, 05:00 pm

GDL Leasing Approves Preferential Issue of Warrants, Capital Increase

AI Summary

GDL Leasing & Finance Ltd's board has approved a preferential issue of up to 30,00,000 warrants convertible into equity shares at ₹14 per warrant to non-promoters. This is subject to shareholder and regulatory approvals. The board also approved an increase in authorized share capital from ₹5.50 crore to ₹8.50 crore. Additionally, Mr. Pankaj Bansal was appointed as an Independent Director. The Annual General Meeting is scheduled for September 30, 2026.

Key Highlights

  • Board approves preferential issue of 30 lakh warrants at ₹14 each.
  • Authorized share capital to increase from ₹5.50 crore to ₹8.50 crore.
  • Appointment of Mr. Pankaj Bansal as Independent Director approved.
  • AGM scheduled for September 30, 2026, for shareholder approvals.