Leading Leasing Finance And Investment Company Ltd

AGM details

• Date/time: 26 Sep 2026, 11:30 IST; mode: physical venue with e-voting.

Resolutions and outcomes

• Resolution 1 (ordinary): Adoption of financial statements for FY2025-26; passed with 99.89% in favor.
• Resolution 2 (ordinary): MD appointment for Ketankumar Shivabhai Gosai; passed with 99.89% in favor.
• Resolution 3 (ordinary): Increase in authorised share capital; passed with 99.95% in favor.
• Resolution 4 (special): Preferential issue of equity shares on loan conversion; passed 96.88%.
• Resolution 5 (special): Preferential issue of convertible warrants; passed 96.88%.

Dividend

• Dividend proposed/declared: none mentioned.

Directors / management

• Managing Director Ketankumar Shivabhai Gosai to continue; retires by rotation, eligible for reappointment.

Capital & approvals

• Increased authorised share capital; equity issuance on preferential basis to non-promoter on loan conversion.
• Issuance of convertible warrants on a preferential basis.

Related party transactions

• Material RPTs: not disclosed in this filing.

Other material approvals

• Special approvals include preferential equity and warrants issuances.

Leading Leasing Finance And Investment Company Limited — Trading Window closed from October 1, 2026 until 48 hours after the unaudited financial results for the quarter and half year ended September 30, 2026.

AGM Details

• Date and time: 26 September 2026 at 11:30 A.M. IST; venue: registered office; mode: physical.
• E-voting completed 23–25 September 2026; results to be published on BSE and MSE.

Key Resolutions

• Adoption of financial statements for FY 2025-26 (Ordinary resolution).
• Re-appointment of Ketankumar Shivabhai Gosai as Managing Director; retires by rotation (Ordinary).
• Increase in authorised share capital from Rs 60 Cr to Rs 164 Cr (Ordinary).
• Issuance of up to 35,71,42,856 equity shares on preferential basis to Non-Promoter (Special).
• Issuance of 70,93,57,119 Convertible Warrants on a preferential basis (Special).

Voting Results

• Voting results to be published on BSE and MSE within two working days.

Director Changes

• Managing Director Ketankumar Shivabhai Gosai to be re-appointed; retires by rotation.

AGM details

• AGM on 26 September 2026 at 11:30 AM, held physically at registered office.
• Corrigendum to AGM Notice issued; notices dispatched 31 August 2026.

Key resolutions

• Special resolution: issue up to 35.71 crore equity shares on preferential basis to non-promoter upon conversion of loan.
• Special resolution: issue 70.93 crore convertible warrants on preferential basis.

Other material approvals

• In-principle approvals from BSE and MSEIL for the proposed preferential issue.
• Issue price fixed at Rs 1.40 per share; floor price Rs 1.36.
• Revised valuation report dated 9 September 2026; prior report dated 27 August 2026.
• Valuation report by Manish Santosh Buchasia; certificates confirm ICDR compliance.
• Valuation certificates and related documents available on company website; inspection at registered office.
• Corrigendum issued on 9 September 2026.

Financial performance

• Total revenue: ₹14,709.18 Lakhs in 2025-26.
• Profit after tax: ₹1,864.22 Lakhs in 2025-26.
• Profit before tax: ₹2,435.78 Lakhs in 2025-26.
• Income tax expense: ₹572.29 Lakhs; deferred tax: ₹-0.74.
• Basic EPS: ₹0.33 per share.
• Dividend declared: none due to losses.
• Cash and cash equivalents: ₹23.37 Lakhs at 31 Mar 2026.
• Total borrowings: ₹41,556.11 Lakhs; total equity: ₹74,179.18 Lakhs.
• Gearing ratio: 0.56x (vs 3.99x in 2024-25).

Capital structure & actions

• AGM date: 26 Sep 2026 at registered office.
• Authorised share capital to rise from ₹60 Cr to ₹164 Cr.
• Preferential issue: 35,71,42,856 equity shares at ₹1.40 to non-promoters.
• Convertible warrants: 70,93,57,119 warrants at ₹1.40 each.
• Floor price determined per VWAP; management price ₹1.40.
• Table-A and Table-B allocations disclosed; non-promoter focus.
• Post-issue shareholding adjusts with warrants; no promoter control change.
• Shares to be listed on BSE and MSE; approvals required.
• Relevant date for pricing: 27 Aug 2026.
• Warrants: 25% upfront; 75% on exercise; demat issuance.
• No ongoing cash requirement; funds used for conversion only.

Governance & management changes

• Ami Jinen Shah resigned as Director on 5 Aug 2025.
• Prity Bishwakarma appointed Woman Director on 12 Feb 2026.
• Ketankumar Shivabhai Gosai appointed MD & CFO on 12 Feb 2026.
• Kurjibhai Rupareliya resigned as Managing Director on 12 Feb 2026.
• Shweta appointed Independent Director on 21 Feb 2026.
• Deepak Sundarji Saushi appointed Additional Director on 12 Feb 2026.
• Board meetings held: 19 in 2025-26.
• Independent Directors' declarations on independence; performance evaluation conducted.
• Remuneration policy and NRC policy approved; governance framework updated.

Audit, risk & internal controls

• Statutory auditors: S K Bhavsar & Co; five-year term (2025-30).
• Secretarial auditor: Dharti Patel & Associates; Annexure-IV.
• Internal auditors: Kishan Patel & Associates.
• Secretarial audit notes vacancy of woman director during part of year.
• Board ensures compliance with Corporate Governance requirements; annual certification obtained.

Related party transactions & risk

• RPTs are arm's length and approved by the Audit Committee.
• Significant related party payables include Kurjibhai Rupareliya ₹11,006.28 Lakhs.
• No material RPTs outside ordinary course recorded.

CSR & sustainability

• CSR committee: Shweta (Chair), Suraj Kumar Jha, Deepak Sundarji Saushi.
• CSR activities include Shri Balasaheb Mane Shikshan Prasarak Mandal; education infrastructure.
• CSR obligation for 2025-26: ₹7.50 Lakhs; average net profit ₹374.96 Lakhs.
• CSR policy and projects disclosed on llflltd.in.
• CSR spending ₹7.50 Lakhs; no ongoing CSR projects.

Outlook & risks

• MD&A notes growth in revenue; competition rising in the sector.
• Risk management policy in place; no material new risks identified.
• Internal controls are adequate for company size and operations.
• Outlook subject to regulatory and macroeconomic developments.

AGM Details

• Date and time: 26 September 2026 at 11:30 IST.
• Mode: physical AGM with remote e-voting facility.
• Venue: 1716/1717, 17th Floor, Chandak Unicorn, Andheri West, Mumbai.
• Register closure: 20 September 2026 to 26 September 2026 (inclusive).

Key Resolutions

• Item 1 (Ordinary): Adoption of Audited Financial Statements for FY 2025-26.
• Item 2 (Ordinary): Reappointment of Ketankumar Shivabhai Gosai as Managing Director.
• Item 3 (Ordinary Resolution): Increase in authorised capital to 164 Cr.
• Item 4 (Special): Preferential issue of up to 35,71,42,856 equity shares.
• Item 5 (Special): Preferential issue of up to 70,93,57,119 convertible warrants.

Voting Results

• Voting results not disclosed in this filing.

Director Changes

• New MD appointed for five-year term from 12 Feb 2026 to 11 Feb 2031.
• Remuneration not disclosed.
• MD to retire by rotation and eligible for re-appointment.

Other Material Approvals

• Memorandum of Association amendment to reflect higher authorised capital.
• ICDR-related approvals for preferential issues and regulatory filings.

Book Closure Details

• Book closure from 20 September 2026 to 26 September 2026, both days inclusive.
• Purpose: for the 42nd Annual General Meeting.
• Cut-off date to record voting entitlement: 19 September 2026.
• Remote e-voting period: 23 September 2026, 09:00 AM to 25 September 2026, 05:00 PM.
• AGM date: 26 September 2026.
• Security type: Equity shares.

Capital approvals

• Authorised share capital increased from Rs 60 crore to Rs 164 crore; MOA amendment subject to AGM.

Preferential issues and warrants

• Preferential equity issue of up to 35,71,42,856 shares at Rs 1.40, via non-promoter loan conversion; AGM approval.
• Issuance of 70,93,57,119 warrants at Rs 1.40, convertible to equity; preferential basis; AGM approval.
• Annexures A and B outline preferential issues and warrants.

AGM governance and related actions

• Draft Directors' Report for FY2025-26 approved.
• 42nd AGM fixed for 26 September 2025 at 11:30 AM.
• Scrutinizer appointed: M/s Dharti Patel & Associates.
• E-voting period 23–25 September 2026.
• Register of Members and transfer book closed 20–26 September 2026.
• E-voting cut-off date 19 September 2026.
• 42nd AGM notice approved.

Meeting Details

• Date of meeting: 27 August 2026; time and venue not disclosed.

Key Agenda Items

• Increase in Authorized Share Capital and alteration in Clause V of MOA.
• Fundraising proposal via issuance of equity shares and/or convertibles through private placement or preferential issue.
• To consider and approve the draft Notice of Annual General Meeting.
• Any other items with the permission of the chairperson.