Golden Legand Leasing & Finance Limited Approves Fundraising of Up to Rs. 86 Crores

Golden Legand Leasing & Finance Limited (GLLFL) has announced a significant move to bolster its financial position and support future growth initiatives. The company's Board of Directors has given the green light to raise funds up to Rs. 86.00 crores, subject to necessary approvals.

Key Details of the Fundraising Plan

• Approval Date: The decision was made during a board meeting held on August 07, 2025.
• Fundraising Amount: Up to Rs. 86.00 crores
• Purpose: To meet future business growth requirements
• Potential Fundraising Methods:
  • Rights issue
  • Private placement (including preferential allotment or qualified institutions placement)
  • Other permissible modes or a combination thereof

Flexible Approach to Fundraising

The company has outlined a versatile approach to raising capital, which may include:

• Issuing equity shares
• Offering convertible securities
• Issuing convertible debentures
• Offering warrants
• Issuing non-convertible debentures (which may include warrants)

GLLFL has stated that these securities may or may not be listed, depending on the final decision of the Board.

Regulatory Compliance and Approvals

The fundraising initiative is subject to several key approvals:

1. Shareholder approval through a special resolution
2. Compliance with the Companies Act, 2013
3. Adherence to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
4. Other necessary statutory approvals

Next Steps

While no specific securities have been identified at this stage, the Board will finalize the exact combination of securities to be issued, along with detailed terms and conditions. This decision will be made in consultation with advisors and relevant authorities, taking into account prevailing market conditions and other factors to ensure the best interests of the company.

Board Meeting Details

| Aspect | Details | |:----------|:------------------------------------------|n| Date | August 07, 2025 | | Time | Commenced at 3:30 PM, concluded at 5:00 PM |

Investors and stakeholders can find more information about this development on the company's website at https://gllfl.com/ .

This strategic move by Golden Legand Leasing & Finance Limited demonstrates the company's proactive approach to securing funds for future growth. As the financial landscape continues to evolve, GLLFL's decision to explore various fundraising options showcases its commitment to maintaining financial flexibility and pursuing expansion opportunities.