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 15, 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:

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.

Classic Leasing & Finance Limited has announced its unaudited financial results for the quarter ended September 30, 2025, showcasing a significant improvement in its performance. The company, which operates primarily in the finance and investment segment, reported a notable increase in profit and total income.

Key Financial Highlights

Financial Position

The company's financial position as of September 30, 2025, shows:

• Total Assets: Rs 613.99 lakhs
• Borrowings: Rs 979.90 lakhs (increased from Rs 937.40 lakhs in the previous quarter)

Board Approval and Disclosure

The Board of Directors of Classic Leasing & Finance Limited approved these results at their meeting held on November 13, 2025. The meeting commenced at 1:00 p.m. and concluded at 2:00 p.m. This information was disclosed in compliance with regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Performance Analysis

The company's performance this quarter demonstrates growth in profitability despite a slight decrease in interest income. The increase in total income suggests diversification in revenue streams. However, the rise in borrowings indicates an increase in leverage, which stakeholders may want to monitor in future quarters.