Incolease’s EGM greenlights nearly EGP 8m capital reduction

The extraordinary general meeting (EGM) of International Company for Leasing (Incolease) approved decreasing its issued and paid-up capital by EGP 7.77 million to EGP 500 million from EGP 507.77 million.

The capital is distributed over 50.77 million shares, at a nominal value of EGP 10 per share, according to a bourse filing.

Meanwhile, the company’s authorized capital is maintained at EGP 1 billion.

In March 2026, Incolease concluded its first securitization transaction within the financial leasing portfolio at a total value of EGP 2 billion.