Classic Leasing & Finance Promoter Group Increases Shareholding by 4.92% Through Preferential Allotment

2 min read     Updated on 13 Jan 2026, 02:51 PM
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Riya DScanX News Team
Overview

Classic Leasing & Finance Limited's promoter group increased its shareholding by 4.92% through preferential allotment of 37,00,000 equity shares on January 09, 2026. The group's total stake rose from 33.49% to 38.41%, with Manju Bothra receiving the largest allocation of 26,50,000 shares. The transaction expanded the company's equity capital from ₹3.00 crores to ₹12.25 crores, increasing total shares from 30,00,200 to 1,22,50,200.

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*this image is generated using AI for illustrative purposes only.

Classic Leasing & Finance Limited's promoter group has strengthened its position in the company through a significant preferential allotment of equity shares. The transaction, completed on January 09, 2026, resulted in a 4.92% increase in the promoter group's shareholding, bringing their total stake to 38.41% from the previous 33.49%.

Transaction Overview

The preferential allotment involved the issuance of 37,00,000 equity shares to the promoter group. This strategic move demonstrates the promoters' confidence in the company's prospects and their commitment to maintaining control over the business operations.

Parameter: Details
Allotment Date: January 09, 2026
Shares Allotted: 37,00,000 equity shares
Shareholding Increase: 4.92%
Mode of Acquisition: Preferential Allotment

Promoter Group Composition

The acquisition was undertaken by three key acquirers within the promoter group, with no additional shares allocated to the Persons Acting in Concert (PACs). The primary beneficiaries of this allotment include prominent promoter entities and individuals who have been instrumental in the company's growth.

Shareholding Distribution Post-Allotment

Acquirer: Pre-Holding Allotment Post-Holding Post %
Manju Bothra: 79,000 26,50,000 27,29,000 22.28%
Urvee Bothra Dugar: 10,000 8,50,000 8,60,000 7.02%
Rajmahal Credit Capital Pvt. Ltd.: 39,000 2,00,000 2,39,000 1.95%
Total Acquirers: 1,28,000 37,00,000 38,28,000 31.25%
PACs (No Change): 8,76,800 0 8,76,800 7.16%
Combined Total: 10,04,800 37,00,000 47,04,800 38.41%

Capital Structure Transformation

The preferential allotment has significantly expanded Classic Leasing & Finance Limited's equity base. The company's paid-up equity share capital increased substantially, reflecting the scale of this fundraising exercise.

Metric: Before Allotment After Allotment
Equity Share Capital: ₹3.00 crores ₹12.25 crores
Number of Shares: 30,00,200 1,22,50,200
Face Value per Share: ₹10.00 ₹10.00

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The company's shares are listed on BSE Limited (Scrip Code: 540481) and The Calcutta Stock Exchange Limited (Scrip Code: 013099). Manju Bothra, acting as the authorized signatory on behalf of all acquirers and PACs, submitted the required documentation to both stock exchanges on January 13, 2026.

This preferential allotment represents a significant capital infusion and demonstrates the promoter group's continued commitment to the company's growth trajectory. The expanded equity base provides Classic Leasing & Finance Limited with enhanced financial flexibility to pursue its business objectives.

Historical Stock Returns for Classic Leasing & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-4.10%+54.92%+44.58%+121.93%
Classic Leasing & Finance
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Manju Bothra Acquires 21.63% Stake in Classic Leasing & Finance Through Preferential Allotment

1 min read     Updated on 13 Jan 2026, 02:51 PM
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Reviewed by
Radhika SScanX News Team
Overview

Manju Bothra acquired 26,50,000 equity shares representing 21.63% stake in Classic Leasing & Finance Limited through preferential allotment on January 09, 2026. This acquisition increased her total shareholding from 2.63% to 22.28%, making her a substantial shareholder. The transaction expanded the company's equity capital from ₹3.00 crores to ₹12.25 crores, with the total share count increasing from 30,00,200 to 1,22,50,200 equity shares of ₹10.00 each.

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*this image is generated using AI for illustrative purposes only.

Manju Bothra has acquired a substantial stake in Classic Leasing & Finance Limited through a preferential allotment of equity shares, as disclosed in a regulatory filing dated January 13, 2026. The acquisition represents a significant increase in her shareholding position in the Kolkata-based financial services company.

Share Acquisition Details

The transaction involved the allotment of 26,50,000 fully paid-up equity shares, representing 21.63% of the company's total equity and voting share capital. The shares were allotted on January 09, 2026, through a preferential allotment mechanism.

Transaction Parameter: Details
Shares Acquired: 26,50,000 equity shares
Acquisition Percentage: 21.63%
Mode of Acquisition: Preferential Allotment
Allotment Date: January 09, 2026
Share Face Value: ₹10.00 per share

Shareholding Pattern Changes

Prior to this acquisition, Manju Bothra held 79,000 equity shares, representing 2.63% of the company's share capital. Following the preferential allotment, her total shareholding has increased substantially to 27,29,000 shares, representing 22.28% of the expanded share capital.

Shareholding Position: Before Acquisition After Acquisition Change
Number of Shares: 79,000 27,29,000 +26,50,000
Percentage Holding: 2.63% 22.28% +19.65%
Voting Rights: 2.63% 22.28% +19.65%

Company Capital Structure Impact

The preferential allotment has significantly expanded Classic Leasing & Finance Limited's equity capital base. The company's total equity capital increased from ₹3.00 crores divided into 30,00,200 equity shares to ₹12.25 crores divided into 1,22,50,200 equity shares of ₹10.00 each.

Capital Structure: Pre-Allotment Post-Allotment
Total Equity Capital: ₹3.00 crores ₹12.25 crores
Number of Shares: 30,00,200 1,22,50,200
Face Value per Share: ₹10.00 ₹10.00

Regulatory Compliance

The disclosure was made under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Manju Bothra, identified as belonging to the promoter group, filed the necessary documentation with BSE Limited and The Calcutta Stock Exchange Limited, where the company's shares are listed under scrip codes 540481 and 013099 respectively.

The transaction establishes Manju Bothra as a significant stakeholder in Classic Leasing & Finance Limited, with her shareholding now exceeding the substantial acquisition threshold requiring regulatory disclosure.

Historical Stock Returns for Classic Leasing & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-4.10%+54.92%+44.58%+121.93%
Classic Leasing & Finance
View in Depthredirect
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