Leading Leasing Finance issued a corrigendum to its Annual General Meeting (AGM) notice on September 9, 2026. The update addresses clarifications sought by the Bombay Stock Exchange (BSE) regarding a proposed preferential issue of equity shares and convertible warrants.

The company scheduled its AGM for September 26, 2026, at its registered office in Mumbai. The original notice, dated August 27, 2026, and dispatched on August 31, 2026, sought shareholder approval for two key capital raising measures under Items 4 and 5.

Preferential Issue Details

Item 4 proposes the issuance of up to 35,71,42,856 equity shares on a preferential basis to non-promoter category allottees. This issuance involves the conversion of outstanding unsecured loans. Item 5 proposes the issue of 70,93,57,119 convertible warrants on a preferential basis.

Valuation and Pricing Corrections

The BSE requested additional information regarding the pricing basis for the preferential issue. The company cited an inadvertent error in the calculation of the 10 trading days' Volume Weighted Average Price (VWAP) in the initial disclosure.

The floor price is determined by the higher of the 90-day or 10-day VWAP. The initial valuation report dated August 27, 2026, by independent registered valuer Mr. Manish Santosh Buchasia, arrived at a price of ₹1.36 per share. Management set the issue price at ₹1.40 per share, which exceeds the regulatory floor.

Revised Documentation

To rectify the calculation error, the company obtained a revised valuation report dated September 9, 2026, in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. A revised pricing certificate was also issued by M/s S.K. Bhavsar & Co., practicing Chartered Accountants.

M/s Dharti Patel & Associates, practicing Company Secretaries, certified that the preferential allotment complies with SEBI ICDR Regulations. All revised documents are available on the company's website and at its registered office for inspection during business hours.

Leading Leasing Finance & Investment Company Limited has submitted its 42nd Annual Report for the financial year ended March 31, 2026, to the Bombay Stock Exchange and Metropolitan Stock Exchange of India. The filing was made on August 31, 2026, in compliance with Regulation 34 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Meeting Details

The company’s register of members and share transfer books will remain closed from Sunday, September 20, 2026, to Saturday, September 26, 2026. The 42nd Annual General Meeting (AGM) is scheduled for Saturday, September 26, 2026, at 11:30 am at the company’s registered office in Andheri West, Mumbai. Shareholders must hold their shares as of the cut-off date to participate in the meeting and vote on the business items transacted during the session.

Voting Timeline

Pursuant to Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the company has fixed the following dates for electronic voting:

• Cut-off date for voting entitlement: Saturday, September 19, 2026
• Remote voting commencement: Wednesday, September 23, 2026, at 9:00 am
• Remote voting conclusion: Friday, September 25, 2026, at 5:00 pm

Agenda Items

The AGM will address both ordinary and special business items aimed at restructuring the company’s capital base and raising funds.

Ordinary Business

1. Adoption of Financial Statements: Consideration and adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
2. Re-appointment of Managing Director: Re-appointment of Mr. Ketankumar Shivabhai Gosai as Managing Director, who retires by rotation.

Special Business

1. Increase in Authorised Share Capital: Proposal to increase authorised share capital from ₹60 crore to ₹164 crore by creating 104 crore additional equity shares of ₹1 face value each.
2. Loan Conversion to Equity: Preferential issuance of up to 35,71,42,856 equity shares at ₹1.40 per share to non-promoters, converting outstanding unsecured loans aggregating ₹49,99,99,998.40. Allottees include Kurjibhai Premjibhai Rupareliya and Flyontrip Services Private Limited.
3. Issuance of Convertible Warrants: Preferential issuance of up to 70,93,57,119 convertible warrants at ₹1.40 each, raising up to ₹99,30,99,966.60. These warrants are exercisable within 18 months and allotted to 51 non-promoter entities.

Regulatory Compliance

This intimation is issued in compliance with Regulation 42 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The announcement was signed by Ketankumar Shivabhai Gosai, Managing Director, on August 31, 2026.