LEADING LEASING FINANCE AND INVESTMENT COMPANY LIMITED announced a private placement to issue 311,500,000 common shares at an issue price of INR 2.40 per share for the gross proceeds of INR 747,600,000 and 73,115,500 warrants at an issue price of INR 0.60 per warrant for the gross proceeds of INR 43,869,300; aggregate gross proceeds of INR 791,469,300 on May 14, 2024. The transaction will include participation from new investors MINERVA VENTURES FUND, ZEAL GLOBAL OPPORTUNITIES FUND, NOVA GLOBAL OPPORTUNITIES FUND PCC TOUCHSTONE, EMINENCE GLOBAL FUND PCC-EUBILIA CAPITAL PARTNER FUND |, NORTH STAR OPPORTUNITIES FUND VCCBULL VALUE INCORPORATED VCC SUBFUND, RADIANT GLOBAL FUND-CLASS B PARTICIPATING SHARES, SAUMYA KETAN KAKRECHA, KAUSHIK MADHAVI, RASHESH MEHTA, Birford Enterprises Private Limited, Fettech Commercial Private Limited, Pionex Agricom Private Limited, Farmistrex Ventures Private Limited, Abode Foods and Beverages Private Limited, and Euronex Trade Private Limited. The transaction has been approved by shareholders and is subject to general shareholders to be held on June 13, 2024.