India Lease Development Limited, a non-banking financial company registered with the Reserve Bank of India as a non-systemically important non-deposit taking institution under category 'B,' engages primarily in hire purchase and leasing businesses in India. The company offers financing for commercial vehicles, automobiles, construction equipment, earthmoving machinery, and related assets; it provides lease and hire-purchase options mainly to small road transport operators owning one to five trucks, as well as small- and medium-sized contractors in road construction, mining, earthmoving, and allied activities; it has diversified into money market activities including bill discounting for transport, industrial, and construction sectors. Founded in 1984 and commencing operations in 1987, India Lease Development Limited maintains its headquarters at MGF House, 4/17-B Asaf Ali Road, New Delhi, with primary geographic operations concentrated in North India. Promoted by The Motor and General Finance Limited alongside equity participation from International Finance Corporation (an associate of the World Bank) and Punjab National Bank, the company lists its shares on the Bombay Stock Exchange under the ticker INDLEASE.BO and serves a shareholder base exceeding 9,000. In recent developments, the company reported standalone net sales of Rs 0.15 crore for the quarter ended September 2025, up slightly by 0.88% year-over-year amid ongoing low profitability with a net profit decline to Rs 0.01 crore; it scheduled its 40th annual general meeting for September 25, 2025, with book closure from September 19 to 25, alongside re-appointments of directors and auditors subject to approval; additionally, it held a separate meeting of independent directors on December 4, 2024, and continues to focus on core hire-purchase leasing without notable acquisitions, funding rounds, or major strategic expansions in the past 1-2 years.