
AGM/EGM18 Sept 2026, 06:11 pm
GDL Leasing & Finance: Corrigendum to AGM Notice on Resolution Type
AI Summary
GDL Leasing & Finance Limited has issued a corrigendum to its 33rd Annual General Meeting (AGM) notice. The corrigendum clarifies alterations in the explanatory statement for Item No. 08, specifically regarding the issuance of warrants convertible into equity shares on a preferential basis. The resolution was inadvertently stated as an Ordinary Resolution and has been corrected to a Special Resolution. This pertains to the proposed preferential issue of up to 30,00,000 warrants to the non-promoter group, aiming to raise up to ₹4.20 crore for working capital, business expansion, and to meet RBI's Net Owned Fund requirements.
Key Highlights
- AGM notice amended to correct resolution type from Ordinary to Special.
- Correction relates to preferential issuance of warrants to non-promoters.
- Proposed fundraising of up to ₹4.20 crore via warrants.
- Funds to be used for working capital and business expansion.
- Aims to meet RBI's Net Owned Fund requirements by March 2027.
Price Impact
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