Revised Outcome of Board Meeting
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The board of Leading Leasing Finance And Investment Company Ltd met on 5 August 2025 and accepted two resignations. Mrs. Ami Jinen Shah stepped down as Whole Time Director, and Mr. Jinen Manoj Shah stepped down as Chief Financial Officer, both effective the close of business hours on the same day. Both cited 'personal and unavoidable circumstances,' with no further reasons provided. No replacements have been announced yet. The filing is marked as a revised outcome, suggesting an earlier version was already submitted. The meeting ran for about 35 minutes and was signed off by Managing Director Kurjibhai Rupareliya.
Losing both a Whole Time Director and the CFO on the same day is a significant change in key managerial personnel that may raise governance concerns. Shareholders may react negatively in the short term, and the company must appoint replacements within SEBI-prescribed timelines to remain compliant.