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Corporate News

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(13 Dec 2023, 14:41)

Lancer Containers Lines allots 19.08 lakh equity shares on conversion of FCCBs

Also allots 38.16 lakh bonus shares

Lancer Containers Lines has allotted 19,08,000 equity shares of face value of Rs 5 on conversion of 30 foreign currency convertible bonds. Also, additionally 38,16,000 equity shares of face value of Rs 5 each are allotted pursuant to bonus issue in ratio of 2:1.

Consequent to the aforesaid allotment of Eeuity shares; the paid-up equity capital of the company has increased to Rs. 114,27,33,600 consisting of 22,85,46,720 equity shares of Rs. 5 each.

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