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Awaiting price reaction for this filing.
Leading Leasing Finance and Investment Company has issued a corrigendum to the notice of its Extra-Ordinary General Meeting (EGM) scheduled for Wednesday, 18th March 2026 at 11:00 AM at its registered office in Andheri West, Mumbai. The corrigendum pertains to Item No. 7 of the EGM, which relates to the proposed issuance of up to 5,00,00,000 (5 crore) equity shares on a preferential basis. BSE had asked the company to provide certain clarifications and additional information regarding this preferential issue. The stated object of the issue is business expansion through loans and investments, along with general corporate purposes. The original EGM notice was dispatched to shareholders on 20th February 2026, and all other contents of the notice remain unchanged unless specifically modified by this corrigendum.
The corrigendum adds clarity to the proposed preferential issuance of up to 5 crore equity shares, which, if approved, could lead to significant dilution for existing shareholders. Investors should review the updated disclosures carefully before the EGM on 18th March 2026, as the preferential issue could materially affect their shareholding percentage and the stock's near-term sentiment.