On July 3, 2024, Leading Leasing Finance and Investment Company Limited closed the transaction. The company issued 259,750,000 common shares at an issue price of INR 2.40 per share for the gross proceeds of INR 623,400,000 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 667,269,300. The transaction has been approved by the board of directors of the company.