Golden Legand Leasing & Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/02/2026 ,inter alia, to consider and approve , the proposal ....
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The Board of Directors of Golden Legand Leasing & Finance Ltd will meet on Monday, February 9, 2026, to consider and approve a proposal to raise funds up to ₹86 Crores. The funds will be raised through the issuance of equity shares or other eligible securities, using methods such as private placement, qualified institutions placement (QIP), preferential issue, or any combination permitted under applicable law. The proposal is subject to regulatory and statutory approvals, including shareholder approval via general meeting or postal ballot. This intimation has been filed with BSE under Regulation 29 of SEBI Listing Regulations, and a copy has been posted on the company's website.
If the company raises funds via equity shares, existing shareholders may face dilution depending on the issue price and structure. The capital infusion could strengthen the company's financial position, but the impact on share price will depend on the mode of issuance, valuation, and end use of funds.