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.

Leading Leasing Finance and Investment Company Limited (LLFICL) has announced the conversion of convertible warrants into equity shares. The company converted 1,00,00,000 convertible warrants into an equal number of equity shares upon receiving Rs 5.55 crore from warrant holders at Rs 5.55 per warrant.

Warrant Conversion Details

The conversion has resulted in an increase in the company's paid-up equity share capital, which now stands at Rs 56,35,65,500. This consists of 56,35,65,500 fully paid-up equity shares of Rs 1 each.

It's worth noting that 50,00,000 warrants are still pending conversion.

Impact on Share Capital

The warrant conversion has significantly impacted LLFICL's share capital structure. The increase in the number of equity shares reflects the company's efforts to strengthen its capital base.

Financial Implications

The conversion of warrants has brought in additional capital of Rs 5.55 crore to the company. This infusion of funds could potentially be used for various corporate purposes, which may include expansion, debt reduction, or investment in new projects.

Investors and stakeholders will likely be watching closely to see how the company utilizes this capital infusion and what impact it may have on the company's financial performance in the future.