NSEGeneral Updates24 Aug 2026 · 24 Aug 2026, 03:42 pm

General Updates

LEAP India Limited · LEAPIND

✦ AI SummaryJoint Venture

LEAP India Limited has informed the Exchange about the incorporation of a new step-down subsidiary, LEAP Pallet Pooling Trading L.L.C, in Dubai, United Arab Emirates.

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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

LEAP India Limited has informed the Exchange about Incorporation of a new step-down subsidiary i.e. LEAP Pallet Pooling Trading L.L.C

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LEAPINDIA_24082026154205_Disclosure_as_per_Regulation_30.pdf

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Date: August 24, 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: Intimation of Incorporation of a new step-down subsidiary 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 the Company has received an intimation today from LEAP MENA Holdings Limited (“LEAP MENA”), a subsidiary of the Company, that it has incorporated a Wholly Owned Subsidiary, namely “LEAP Pallet Pooling Trading L.L.C”, in Dubai, United Arab Emirates, and accordingly it has become a step-down subsidiary of the Company effective August 21, 2026. 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 Pallet Pooling Trading L.L.C has such as size, turnover etc. been formed as a wholly owned subsidiary of LEAP MENA, a subsidiary of LEAP India Limited. Turnover, Size: Not Applicable since it is a newly incorporated company. 2 Whether the acquisition would fall The proposed investment by LEAP within related party transaction(s) and MENA, will fall within the ambit of whether the promoter/ promoter group/ related party transaction being a group companies have any interest in subsidiary of LEAP India Limited and the entity being acquired? If yes, nature will be done at ‘Arm’s Length’. of interest and details thereof and whether the same is done at “arm’s Save and except what is mentioned length”; above, the Promoters / Promoter Group / Group Companies are not interested in the transaction. 3 Industry to which the entity being General Trading Industry acquired belongs; 4 Objects and impact of acquisition The object of incorporation of LEAP (including but not limited to, disclosure Pallet Pooling Trading L.L.C is for of reasons for acquisition of target providing asset pooling and general entity, if its business is outside the main trading services to clients in the UAE. line of business of the listed entity); 5 Brief details of any governmental or The Commercial License is issued by the regulatory approvals required for the Dubai Department of Economy and acquisition; Tourism 6 Indicative time period for completion of Not Applicable the acquisition; 7 Consideration - whether cash To be subscribed in cash. consideration or share swap or any other form and details of the same 8 Cost of acquisition and/or the price at LEAP MENA shall subscribe to the share which the shares are acquired capital of AED 2,000,000 (being 100 % of the share capital). 9 Percentage of shareholding/control 100% of the paid-up share capital of acquired and / or number of shares LEAP Pallet Pooling Trading L.L.C is acquired. held by LEAP MENA. 10 Brief background about the entity LEAP Pallet Pooling Trading L.L.C will acquired in terms of products/line of carry on the business of providing asset business acquired, date of incorporation, pooling and general trading services to history of last 3 years turnover, country clients in the UAE in which the acquired entity has presence and any other significant Incorporation Date: August 21, 2026 information (in brief) Turnover: Not Applicable since it is a newly incorporated company. Country: Dubai, UAE