Corporate Action5 Oct 2026, 05:30 pm
Leading Leasing Withdraws In-Principle Approval for Equity/Warrant Issue
AI Summary
Leading Leasing Finance And Investment Company Ltd announced the withdrawal of its in-principle approval applications submitted to BSE and MSE. These applications were for the issuance and allotment of 357,142,856 equity shares upon conversion of existing loans and 709,357,119 convertible warrants. The board meeting where this decision was made took place on October 5, 2026.
Key Highlights
- Company withdraws in-principle approval for equity issuance.
- Withdrawal pertains to conversion of loan into equity shares.
- Withdrawal also covers convertible warrants.
- Applications were submitted to BSE and MSE.
- Board made the decision on October 5, 2026.
Price Impact
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