NSEGeneral Updates6 Oct 2026 · 6 Oct 2026, 12:05 pm
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LEAP India Limited · LEAPIND
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LEAP India Limited has made a further investment in its wholly owned subsidiary, LEAP MENA Holdings Limited, by subscribing to its equity share capital.
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Full Announcement
LEAPIND: LEAP India Limited has informed the Exchange of further investment in the equity share capital of its wholly owned subsidiary, LEAP MENA Holdings Limited.
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LEAPINDIA_06102026120454_Disclosure_as_per_Reg_30.pdf
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Date: October 06, 2026
To, To,
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phirozee Jeejeeboy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Fort, Mumbai – 400001. Bandra (East), Mumbai – 400051
Scrip Code: 544865 Symbol: LEAPIND
Dear Sir/ Ma’am,
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Investment in the Share Capital of LEAP MENA
Holdings Limited, a wholly owned subsidiary company of the Company
With reference to the captioned subject and pursuant to Regulation 30 of the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“SEBI Listing Regulations”), we wish to inform you that LEAP India Limited (“Company”)
has made a further investment by way of subscription to the equity share capital of its wholly
owned subsidiary incorporated in the UAE, namely, LEAP MENA Holdings Limited.
A disclosure in terms of Regulation 30 read with para-A of part A of Schedule III of the SEBI
Listing Regulations, as amended, read with SEBI Master Circular No. HO/49/14/14(7)2025-
CFD-POD2/I/3762/2026 dated January 30, 2026 (“Master Circular”), is enclosed herewith as
an Annexure.
We request you to kindly take the above information on record.
Thanking you.
Yours faithfully,
For LEAP India Limited
Chirag Bagadia
Company Secretary, Compliance Officer
and Head Legal
Membership No.: A21579
Annexure
Acquisition(s) (including agreement to acquire), Scheme of Arrangement (amalgamation/
merger/demerger/restructuring), or sale or disposal of any unit(s), division(s) or
subsidiary of the listed entity or any other restructuring:
1.1 Acquisition (including agreement to acquire):
Sr No Disclosure requirement Details
1 Name of the target entity, details in brief LEAP MENA Holdings Limited (“LEAP
such as size, turnover etc. MENA”) is a wholly owned foreign
subsidiary of the Company, bearing
registration number 36708. LEAP MENA
was incorporated on July 1, 2026, as a
private company limited by shares, under
the Abu Dhabi Global Market Companies
Regulations, 2020.
Turnover, Size: Not Applicable since it is
a newly incorporated company.
2 Whether the acquisition would fall LEAP MENA, being a wholly owned
within related party transaction(s) and subsidiary of the Company, is a related
whether the promoter/ promoter group/ party of the Company.
group companies have any interest in
the entity being acquired? If yes, nature Except for the Company, none of the
of interest and details thereof and promoters, members of the promoter
whether the same is done at “arm’s group or group companies has any
length”; interest in the said subsidiary. The
transaction has been undertaken on an
arm’s-length basis and the necessary
approvals have been obtained.
3 Industry to which the entity being LEAP MENA is authorised to carry on
acquired belongs; the business of a holding company as
authorised under the commercial license,
issued by the Abu Dhabi Global Market
4 Objects and impact of acquisition LEAP MENA will be further used to
(including but not limited to, disclosure infuse equity capital or debt into its
of reasons for acquisition of target wholly owned subsidiary i.e. LEAP Pallet
entity, if its business is outside the main Pooling Trading LLC, which in turn will
line of business of the listed entity); be used for business use for investment
into assets and working capital.
5 Brief details of any governmental or No specific governmental or regulatory
regulatory approvals required for the approval was required for investment.
acquisition; The investment has been made under the
automatic route in accordance with the
applicable provisions under the Foreign
Exchange Management Act (FEMA)
6 Indicative time period for completion of The Company has remitted
the acquisition; $ 1,000,000 towards subscription to
999,999,999 equity shares of $ 0.001
each. Based on the applicable remittance
exchange rate of $ 1 = INR 96.44, the
amount remitted is equivalent to
INR 9,64,40,000 i.e. approximately INR
9.64 crore
7 Consideration - whether cash Investment by way of cash.
consideration or share swap or any other
form and details of the same
8 Cost of acquisition and/or the price at The Company has remitted
which the shares are acquired $ 1,000,000 towards subscription to
999,999,999 equity shares of $ 0.001
each. Based on the applicable remittance
exchange rate of $ 1 = INR 96.44, the
amount remitted is equivalent to
INR 9,64,40,000 i.e. approximately INR
9.64 crore
9 Percentage of shareholding/control The Company will continue to hold
acquired and / or number of shares 100% of the equity share capital of LEAP
acquired. MENA after the allotment of the equity
shares pursuant to the aforesaid
remittance.
10 Brief background about the entity LEAP MENA was incorporated on July
acquired in terms of products/line of 1, 2026, as a private company limited by
business acquired, date of incorporation, shares, under the Abu Dhabi Global
history of last 3 years turnover, country Market Companies Regulations, 2020. Its
in which the acquired entity has registration number is 36708. LEAP
presence and any other significant MENA is authorized to carry on the
information (in brief) business of holding company as
authorized under the commercial license,
issued by the Abu Dhabi Global Market
Incorporation Date: July 01, 2026
Turnover: Not Applicable since it is a
newly incorporated company.
Country: Abu Dhabi, UAE