Leading Leasing Finance and Investment Company Limited has successfully concluded its board meeting held on February 16, 2026, approving significant capital structure modifications and scheduling an Extra-Ordinary General Meeting to seek shareholder approval for the proposed changes.

Board Meeting Outcomes and Approvals

The Board of Directors convened on Monday, February 16, 2026, from 04:00 PM to 05:00 PM, and approved several critical corporate restructuring proposals under Regulation 30 of SEBI LODR Regulations. Managing Director Ketankumar Shivabhai Gosai (DIN: 11543634) signed the approved resolutions.

Authorized Share Capital Increase

The board approved a substantial increase in the company's authorized share capital from the existing Rs 60,00,00,000 (Rupees Sixty Crores Only) to Rs 115,00,00,000 (Rupees One Hundred Fifteen Crores Only). This expansion will accommodate the proposed equity issuances and loan conversions.

Loan-to-Equity Conversion and Preferential Issues

The board approved two significant equity issuances through preferential allotment. The first involves conversion of unsecured loans into equity shares for non-promoter category lenders, while the second represents a fresh preferential issue to new investors.

Extra-Ordinary General Meeting Schedule

The board has scheduled an Extra-Ordinary General Meeting to obtain shareholder approval for all proposed changes. The company has appointed M/s Dharti Patel & Associates, Practicing Company Secretary, as scrutinizer for conducting the voting process.

Regulatory Compliance and Corporate Information

All proposed issuances will be executed in accordance with Chapter V of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018, and other applicable laws. The company operates under CIN L65910MH1983PLC451092 and trades on BSE Limited under scrip code 540360 and Metropolitan Stock Exchange of India Limited under symbol LLFICL.

Leading Leasing Finance and Investment Company Limited has announced a strategic partnership with MFINS Services Private Limited to collaborate in India's expanding solar panel loan segment. The company executed a Memorandum of Understanding (MoU) on January 19, 2026, as disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Partnership Details

The collaboration represents a strategic alliance designed to leverage the respective strengths of both organizations. Leading Leasing Finance brings its financial expertise to the partnership, while MFINS Services contributes its operational capabilities. Together, they aim to jointly develop and scale solar panel loan offerings in the Indian market.

Business Objectives and Market Expansion

The MoU outlines several key business objectives for the collaboration. The partnership envisages opportunities to expand Leading Leasing Finance's loan book while strengthening market participation in the solar financing sector. The collaboration is positioned to capitalize on the expanding solar panel loan segment with enhanced product reach and competitive positioning.

Regulatory Compliance and Disclosure

The company has fulfilled all regulatory requirements under the listing regulations. The disclosure confirms that neither party has any shareholding in the other entity, and the transaction does not fall within related party transactions. Additionally, none of the parties to the agreement are related to the promoter, promoter group, or group companies of Leading Leasing Finance in any manner.

Agreement Terms and Structure

The MoU establishes a framework for joint pursuit of opportunities in the solar panel loan segment. The agreement does not involve any share issuance or appointment of nominee directors. The collaboration focuses on operational synergies and market development rather than equity participation or corporate restructuring.

The partnership reflects Leading Leasing Finance's strategic approach to expanding its presence in the renewable energy financing sector. By combining financial expertise with operational capabilities, the collaboration aims to address the growing demand for solar panel financing solutions in the Indian market.