Lancer Container Lines Limited submitted a regulatory disclosure to BSE Limited regarding a typographical discrepancy in the individual bifurcation of Equity Shares allotted under a preferential issue.
The Company had completed a preferential issue of 10,28,69,409 Equity Shares with the following approval timeline:
- Board Approval for Preferential Issue: November 14, 2025 (10,28,69,409 Equity Shares)
- Shareholders' Approval: December 13, 2025 (10,28,69,409 Equity Shares)
- BSE In-principle Approval: February 6, 2026 (10,28,69,409 Equity Shares)
- Board Approval for Allotment of Shares: February 19, 2026 (10,28,69,409 Equity Shares)
- BSE Listing Approval: April 9, 2026 (10,28,69,409 Equity Shares)
- Corporate Action: April 17, 2026 (10,28,69,409 Equity Shares)
The allotment was made in line with approvals received from the Board of Directors, Shareholders, and BSE Limited.
A typographical error was identified in the individual bifurcation of shares pertaining to Mr. Vijesh Astin Dsouza. In the Notice of General Meeting, application for In-principle Approval, and Listing Application submitted to BSE Limited, 41,14,776 Equity Shares were inadvertently mentioned instead of the correct 41,14,777 Equity Shares.
The complete individual allotment details are:
- Mr. Miju Kattukaran Antony Kattukaran Vareed Antony: 2,46,88,658 shares (no change)
- Mr. Prafulla Kumar Jha Someshwar Jha: 2,46,88,658 shares (no change)
- Mr. Muhammed Noufal Balliyod Master Abdullakunhi: 2,46,88,658 shares (no change)
- Ms. Naeema Cheruvathan Kandy Mahin Kottikkulam Moola: 2,46,88,658 shares (no change)
- Mr. Vijesh Astin Dsouza Wilfred Dsouza: 41,14,777 shares (corrected from 41,14,776)
The discrepancy was limited to the individual bifurcation and did not impact the aggregate size of the preferential issue, which remained unchanged at 10,28,69,409 Equity Shares throughout the approval and allotment process.
The Company confirmed that there has been no change in the total number of Equity Shares approved and allotted under the preferential issue.
This disclosure was submitted pursuant to requirements communicated by BSE Limited under Regulation 30 of SEBI LODR Regulations.
Financial impact: The correction represents a change of one share, with negligible financial impact.