Lancer Container Lines has informed that the Committee of the Board of the Directors of the Company at their Committee meeting held today Wednesday, 13th December, 2023 at the Registered Office of the Company at 12:00 pm has considered and approved the allotment of 19,08,000 Equity Shares of Face Value of Rs 5 upon conversion of 30 Foreign Currency Convertible Bonds (‘FCCBs’) as per the Conversion Notice received from the bondholders in accordance with the terms of the FCCBs set out in Offering Memorandum dated 12th August, 2022. Also, additionally 38,16,000 Equity shares of Face Value of Rs 5 each has allotted pursuant to the bonus issue in 2:1 ratio as approved by the shareholders in company’s Annual General Meeting held on 11th September 2023. Consequent to the aforesaid allotment of Equity Shares; the paid-up equity capital of the Company has increased from Rs 111,41,13,600 consisting of 22,28,22,720 Equity Shares of Rs 5 each to Rs 114,27,33,600 consisting of 22,85,46,720 Equity Shares of Rs 5 each.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 9.37 |
| TVS Supply Chain Sol | 114.00 |
| Container Corp | 505.25 |
| Delhivery | 457.40 |
| Mahindra Logistics | 430.50 |
| View more.. | |
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