India Lease Development sets book closure for Sep 24 AGM

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Key Highlights

India Lease Development Ltd has set a book closure period from September 18 to September 24, 2026, to finalize the list of shareholders eligible for its 41st AGM. The meeting is scheduled for September 24, 2026, at 12:30 p.m. via video conferencing, as approved by the Board on August 11, 2026.

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India Lease Development has fixed its book closure period from September 18, 2026, to September 24, 2026, to determine shareholder eligibility for its 41st Annual General Meeting (AGM). The meeting is scheduled for Thursday, September 24, 2026, at 12:30 p.m. and will be conducted through Video Conferencing or Other Audio Visual Means from the company’s registered office in New Delhi. This closure ensures an accurate record of members entitled to vote and receive dividends during the general meeting.

The Board of Directors approved both the meeting date and the book closure schedule during their session held on August 11, 2026. Rohit Madan, Manager, Company Secretary & CFO, signed the intimation letters addressed to the Listing Department of BSE Limited. The company notified the exchange under reference number BSE/2026-2027/011 regarding the book closure and BSE/2026-2027/010 for the AGM date, requesting dissemination of information to stakeholders.

Book Closure and Meeting Schedule

The Register of Members and Share Transfer Books will remain closed from Friday, September 18, 2026, to Thursday, September 24, 2026, both days inclusive. This period is mandated under Regulation 42 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter Details
Meeting Type 41st Annual General Meeting
AGM Date September 24, 2026
AGM Time 12:30 p.m.
Mode Video Conferencing / OAVM
Book Closure Start September 18, 2026
Book Closure End September 24, 2026

Shareholders holding units on the record date will be eligible to participate in the virtual meeting. The physical venue remains the registered office at MGF House, 4/17-B, Asaf Ali Road, New Delhi – 110002, but participation is strictly digital. The company’s Corporate Identity Number is L74899DL1984PLC019218, and it operates under GSTIN 07AAACI0149R1ZB. Further communications regarding the notice of the meeting and accompanying papers will follow as per statutory timelines.

Historical Stock Returns for India Lease Development

1 Day5 Days1 Month6 Months1 Year5 Years
+4.06%+7.89%+21.48%0.0%-17.09%-9.19%

What key financial results or strategic initiatives is India Lease Development expected to present at the upcoming AGM?

Will the company propose a dividend payout for the current fiscal year, and how does it compare to previous distributions?

Are there any proposed changes to the Board of Directors or management structure to be voted on during the meeting?

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Rajiv Gupta raises stake to 6.77% with fresh share purchase

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Key Highlights

Promoter Rajiv Gupta increased his stake in India Lease Development Limited to 6.77% by acquiring 21,719 shares on June 24, 2026. The market purchase, valued at ₹2,11,623, was executed on the BSE and disclosed under SEBI regulations.

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Promoter Rajiv Gupta increased his shareholding in India Lease Development Limited by acquiring 21,719 equity shares through a market purchase on June 24, 2026. This transaction, valued at ₹2,11,623, raised Gupta's total stake to 9,94,964 shares, representing 6.77% of the company's paid-up capital.

Prior to this acquisition, Gupta held 9,73,245 shares, which accounted for 6.62% of the share capital. The purchase was executed on the Bombay Stock Exchange (BSE). The disclosure was submitted in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Shareholding Details

The following table outlines the change in Rajiv Gupta's shareholding following the transaction:

Parameter Value
Securities held prior to acquisition 9,73,245 shares (6.62%)
Securities acquired 21,719 shares (0.15%)
Total securities held post-acquisition 9,94,964 shares (6.77%)
Mode of acquisition Market Purchase
Date of acquisition June 24, 2026
Exchange BSE

The company's total equity share capital remained unchanged at 1,47,00,291 shares before and after the transaction. No derivatives were traded on the company's securities by the promoter during this period.

Historical Stock Returns for India Lease Development

1 Day5 Days1 Month6 Months1 Year5 Years
+4.06%+7.89%+21.48%0.0%-17.09%-9.19%

Does this acquisition signal the start of a broader trend of increased promoter confidence in the company?

How might this move influence other institutional investors' perception of India Lease Development's stock?

Could this purchase be a precursor to further stake increases or a change in corporate strategy?

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1 Year Returns:-17.09%