Brijlaxmi Leasing & Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/12/2025 ,inter alia, to consider and approve 1.To consider and ....
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Brijlaxmi Leasing & Finance has called a Board meeting on 5th December 2025 to consider issuing equity shares on a preferential basis. Part of this issuance is to the promoters (Siddharth Chaturvedi, Jaykishor Chaturvedi, Ankur Chaturvedi) and promoter group entity Brijlaxmi Infotech Limited against the conversion of an unsecured loan into equity. Separately, the company also plans to issue equity shares on a preferential basis for cash to non-promoter public category investors. An Extraordinary General Meeting (EGM) will be convened to seek shareholder approval for these issuances. The trading window has been closed from 2nd December 2025 until 48 hours after the board meeting concludes.
Existing shareholders should expect equity dilution from the preferential allotments. The promoter-related issuance converts debt into equity, which can ease debt pressure, but the fresh issuance to non-promoters will dilute holdings further. Watch for pricing details at the board meeting, as preferential issue pricing directly affects shareholder value.