LEAP INDIA: UAE STEP-DOWN SUBSIDIARY ACQUIRES 100% EQUITY SHARES OF LEAP MENA HOLDINGS

• LEAP INDIA made an investment of $1,000,000 (~₹9.64 crore) via subscription to equity share capital in its wholly owned subsidiary, LEAP MENA Holdings Limited, incorporated in UAE. • LEAP MENA is authorized as a holding company and will infuse equity into its subsidiary, LEAP Pallet Pooling Trading LLC. • No specific governmental or regulatory approval was required for the investment; made under the automatic route.

LEAP India Ltd

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