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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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