Classic Leasing Revises Preferential Issue Price to ₹11.50 Per Share
Classic Leasing & Finance Limited has revised the issue price of its proposed preferential allotment from ₹10.00 to ₹11.50 per share following regulatory observations from BSE Limited. The revision is based on an updated valuation report addendum dated December 12, 2025, which established a fair value of ₹11.47 per share after excluding negative NAV from computation. All other terms and conditions of the preferential issue remain unchanged.

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Classic Leasing & Finance Limited has announced a revision in the issue price of its proposed preferential allotment of equity shares. The company informed BSE Limited on December 22, 2025, about the price adjustment following regulatory observations and an updated valuation report.
Revised Issue Price Details
The company has made significant changes to its preferential allotment pricing structure based on a fresh valuation assessment:
| Parameter: | Previous | Revised |
|---|---|---|
| Issue Price per Share: | ₹10.00 | ₹11.50 |
| Fair Value per Share: | Not disclosed | ₹11.47 |
| Valuation Report Date: | August 22, 2025 | December 12, 2025 (Addendum) |
Valuation Report Update
Pursuant to observations from BSE Limited, Classic Leasing & Finance obtained an addendum to its original valuation report dated August 22, 2025, from its registered valuer. The addendum, dated December 12, 2025, revised the fair value of equity shares to ₹11.47 per share. This revision came after excluding the negative Net Asset Value (NAV) from the valuation computation methodology.
Regulatory Compliance
The revised issue price of ₹11.50 per share has been set higher than the updated fair value of ₹11.47 per share, ensuring compliance with applicable SEBI regulations. The company has structured this preferential allotment in accordance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
Terms and Conditions
The company has clarified that all other terms and conditions of the proposed preferential issue remain unchanged despite the price revision. Only the per-share issue price has been modified to align with the updated valuation and regulatory requirements. The preferential allotment will proceed under the revised pricing structure while maintaining all previously established conditions and parameters.
The disclosure was made by Managing Director Chandra Shekhar Sony for information and record purposes, confirming the company's commitment to regulatory compliance and transparent communication with stakeholders.
Historical Stock Returns for Classic Leasing & Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |




























