LEAP India funds UAE unit to expand pallet pooling into Gulf

LEAP India has injected USD 1.0m (INR 9.64 crore) as equity capital into LEAP MENA Holdings Limited, its wholly-owned subsidiary in Abu Dhabi Global Market, through subscription for new shares. The capital will be passed to operating unit LEAP Pallet Pooling Trading LLC to fund working capital and asset purchases as the group builds out pallet-pooling operations in the Middle East.

Why this mattersThe investment marks LEAP India's first capital commitment to a Gulf operating entity, extending its pooling model beyond its domestic Indian base.

• LEAP India invested USD 1.0m (INR 9.64 crore) into LEAP MENA Holdings Limited on 6 October 2026.
• The investment was made via cash subscription for 999,999,999 equity shares of USD 0.001 each.
• LEAP MENA Holdings was incorporated on 1 July 2026 under Abu Dhabi Global Market regulations.
• Funds will be passed to operating subsidiary LEAP Pallet Pooling Trading LLC in Abu Dhabi for business operations.
• LEAP India holds 100% of LEAP MENA Holdings following the share allotment.
• The transaction was executed under India's FEMA automatic route.

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