Intimation for closure of Trading Window for Fund Raising
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Classic Leasing & Finance Ltd has informed BSE and Calcutta Stock Exchange that its Board of Directors will meet on Friday, August 22, 2025, to consider proposals for raising funds. The fund raising may be done in one or more tranches through bonds, debentures, non-convertible debt instruments, convertible warrants, equity shares, or other securities — via preferential issue on private placement, QIP, rights issue, or any combination. The trading window for dealing in the company's securities has been closed from August 19, 2025, to August 25, 2025 (both days inclusive), per insider trading regulations. Final pricing, instrument type, and quantum are yet to be decided. CIN: L65921WB1984PLC003747.
This is a preliminary intimation — no concrete fund raise has been announced yet. If the Board approves a dilution (equity, QIP, or preferential issue), existing shareholders could face equity dilution. However, since details are not finalized, there is no immediate actionable impact on the stock price beyond signalling that capital raising is being contemplated.