Leading Leasing Finance and Investment Company Limited announced its 42nd Annual General Meeting to be held on September 26, 2026. Key agenda items include the adoption of financial statements and the reappointment of Mr. Ketankumar Shivabhai Gosai as Managing Director. The company also proposes to increase its authorized share capital from Rs. 60 Crores to Rs. 164 Crores and to issue equity shares and convertible warrants on a preferential basis.
AGM and Key Proposals
Leading Leasing Finance and Investment Company Limited has called for its 42nd Annual General Meeting (AGM) scheduled for Saturday, September 26, 2026, at 11:30 AM. The meeting will be held at the company’s registered office. The agenda includes the adoption of the financial statements for the fiscal year 2025-26 and the reappointment of Mr. Ketankumar Shivabhai Gosai as Managing Director, who is retiring by rotation.
Capital Restructuring
In a significant move, the company is seeking shareholder approval to increase its authorized share capital from the existing Rs. 60,00,00,000/- (Rupees Sixty Crores) to Rs. 164,00,00,000/- (Rupees One Hundred Sixty-Four Crores). This proposal aims to facilitate future growth and strategic initiatives.
Preferential Issue of Equity and Warrants
The company also plans to issue up to 35,71,42,856 Equity Shares on a preferential basis to non-promoter category shareholders, converting outstanding unsecured loans. Additionally, it proposes to issue 70,93,57,119 Convertible Warrants on a preferential basis. These issuances are intended to strengthen the company’s capital structure and support business expansion.
Financial Highlights
For the financial year ended March 31, 2026, the company reported a total revenue of Rs. 14,709.18 Lakhs and a profit after taxation of Rs. 1,864.22 Lakhs. This represents a significant increase from the previous year’s figures.
Source: BSE
