Leading Leasing Finance And Investment Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/02/2026 ,inter alia, to consider and approve ....
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The Board of Directors of Leading Leasing Finance And Investment Company Ltd will meet on Monday, 16 February 2026 to consider several key items. The main agenda includes (1) increasing the company's Authorized Share Capital along with a corresponding change to the Memorandum of Association, (2) amending loan agreements with the non-promoter group, and (3) converting loans into equity shares in one or more tranches under Section 62(3) of the Companies Act, 2013 and SEBI's ICDR Regulations. All major items, including the capital and conversion matters, will require shareholder approval through a Postal Ballot. The intimation has been filed with both BSE (Scrip Code: 540360) and Metropolitan Stock Exchange (Symbol: LLFICL).
Shareholders should brace for potential dilution from a possible authorized capital hike and loan-to-equity conversion, which may also signal the company's reliance on debt restructuring. A Postal Ballot will follow, giving shareholders a direct vote on these capital changes.