Sunlike Exim Private Limited has completed a substantial acquisition in Classic Leasing & Finance Limited, acquiring 28,00,000 equity shares representing 22.86% of the company's total equity and voting share capital. The disclosure was made under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011.

Transaction Details

The acquisition was executed through preferential allotment on January 09, 2026. Sunlike Exim Private Limited, which had no prior holding in the target company, acquired the entire stake through this single transaction.

Impact on Share Capital Structure

The preferential allotment significantly expanded Classic Leasing & Finance Limited's equity base. The company's share capital structure underwent substantial changes following this transaction.

Regulatory Compliance

Sunlike Exim Private Limited has fulfilled its disclosure obligations by notifying both BSE Limited (Scrip Code: 540481) and The Calcutta Stock Exchange Limited (Scrip Code: 013099), where Classic Leasing & Finance Limited's shares are listed. The company confirmed that it does not belong to the promoter or promoter group of the target company.

Post-Acquisition Holdings

Following the completion of this transaction, Sunlike Exim Private Limited holds 28,00,000 equity shares, representing 22.86% of both the total share capital and voting capital of Classic Leasing & Finance Limited. The acquirer has no encumbrances, voting rights through other instruments, or convertible securities in the target company.

The disclosure was signed by Nandini Mullick, Director of Sunlike Exim Private Limited (DIN: 09645121), and submitted to the respective stock exchanges for regulatory compliance and public information.

Classic Leasing & Finance Limited has completed a significant equity allotment to Navdhara Verso Private Limited, marking a substantial change in its shareholding structure. The transaction, disclosed under SEBI's substantial acquisition regulations, represents one of the most significant stake acquisitions in the company's recent history.

Transaction Details

Navdhara Verso Private Limited acquired 27,50,000 fully paid-up equity shares through preferential allotment, securing a 22.45% stake in Classic Leasing & Finance Limited. The allotment was completed on January 09, 2026, as per the disclosure filed with BSE Limited and The Calcutta Stock Exchange Limited.

Capital Structure Transformation

The preferential allotment has resulted in a dramatic expansion of Classic Leasing & Finance Limited's equity base. The company's share capital increased significantly following this transaction, reflecting the substantial nature of the equity infusion.

Acquirer Profile

Navdhara Verso Private Limited, incorporated in 2022 with CIN U21000WB2022PTC257651, is registered in Kolkata, West Bengal. The company is not part of the promoter or promoter group of Classic Leasing & Finance Limited, making this acquisition a strategic investment by an external entity. The acquisition was executed under the leadership of Ved Prakash Sharma, Director of Navdhara Verso Private Limited (DIN: 09747640).

Regulatory Compliance

The transaction has been disclosed in compliance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Classic Leasing & Finance Limited's shares are listed on BSE Limited (Scrip Code: 540481) and The Calcutta Stock Exchange Limited (Scrip Code: 013099).

Holdings Summary

Prior to this acquisition, Navdhara Verso Private Limited held no shares in Classic Leasing & Finance Limited. Following the preferential allotment, the company now holds 27,50,000 shares, representing 22.45% of both the total share capital and voting rights. The shares acquired are fully paid-up equity shares with no encumbrances or special conditions attached.

This significant acquisition positions Navdhara Verso Private Limited as a substantial shareholder in Classic Leasing & Finance Limited, potentially influencing the company's strategic direction and governance structure going forward.