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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Leading Leasing Finance and Investment Company held its EGM on 18 March 2026 at 11:00 a.m. at its Andheri West, Mumbai office, chaired by Managing Director Mr. Ketankumar Shivabhai Gosai. Seven resolutions were put to vote, including regularization of Ms. Prity Bishwakarma as Independent Director, appointment of Mr. Ketankumar Gosai as Managing Director, and regularization of Mr. Deepak Saushi as Director. Shareholders also considered increasing the company's authorized share capital from Rs. 60 crore to Rs. 115 crore, approving amendments to loan agreements, and issuing up to 4 crore equity shares on a preferential basis to non-promoters upon conversion of an outstanding unsecured loan, plus a separate preferential issue of up to 50 lakh equity shares. E-voting ran from 15 March to 17 March 2026, with ballot voting conducted at the meeting; results will be published on BSE and MSE within two working days. The meeting concluded at 11:40 a.m.
The EGM signals significant dilution risk for existing shareholders due to a large preferential share issuance tied to loan conversion, along with a meaningful expansion of authorized capital that opens the door for further fundraising. Director appointments and MD regularization also indicate governance restructuring, while the market reaction will depend on the voting outcome and the pricing terms of the preferential allotments once disclosed.