Date: October 06, 2026
Investment / Strategic Actions
LEAP India Limited has made a further investment in its wholly owned UAE subsidiary, LEAP MENA Holdings Limited, by subscribing to equity share capital.
Target Entity Details:
- Name: LEAP MENA Holdings Limited
- Registration Number: 36708
- Incorporation Date: July 1, 2026
- Jurisdiction: Abu Dhabi Global Market, UAE
- Company Type: Private company limited by shares under Abu Dhabi Global Market Companies Regulations, 2020
- Business: Holding company as authorized under commercial license
- Turnover/Size: Not applicable (newly incorporated company)
Transaction Details:
- Investment Type: Equity subscription
- Consideration: Cash remittance of $1,000,000
- Shares Subscribed: 999,999,999 equity shares of $0.001 each
- Exchange Rate: $1 = INR 96.44
- INR Equivalent: INR 9,64,40,000 (approximately INR 9.64 crore)
- Post-Investment Holding: 100% equity share capital maintained
Related Party Status:
- LEAP MENA is a wholly owned subsidiary, making this a related party transaction
- No promoters, promoter group members, or group companies have any interest in the subsidiary
- Transaction conducted on arm's-length basis with necessary approvals obtained
Strategic Purpose:
- LEAP MENA will be used to infuse equity capital or debt into its wholly owned subsidiary, LEAP Pallet Pooling Trading LLC
- The capital will be used for business investment into assets and working capital
Regulatory Compliance:
- Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference to SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026
- Part A of Schedule III compliance