Lancer Container Lines Ltd has allotted 1,85,18,518 fully paid-up equity shares to promoter Suleyman Emre at an issue price of ₹10.80 per share, converting an existing unsecured loan of ₹20,00,00,000 into equity. The Board of Directors approved this preferential allotment at its meeting held on July 20, 2026, increasing the company's paid-up share capital to ₹1,85,89,11,180 comprising 37,17,82,236 equity shares of ₹5 each.

The shares, allotted in dematerialised form, rank pari passu with the existing equity shares of the company in all respects. The allotment was conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the in-principle approval previously received from BSE Limited. The promoter, formerly known as Abdul Khalik Abdul Kadar Chataiwala, received the entire tranche of shares.

Key Details of the Allotment

The company's issued, subscribed, and paid-up share capital rose from ₹1,76,63,18,590 comprising 35,32,63,718 equity shares prior to the allotment. The Board meeting, which commenced at 12:00 p.m. and concluded at 12:25 p.m. on July 20, 2026, also confirmed that the allottee is a person belonging to the Promoter Category.

BSE Limited has granted trading approval for 10,28,69,409 equity shares of Lancer Container Lines Ltd issued on a preferential basis to non-promoters. The shares, which carry a face value of ₹5 each and were issued at a premium of ₹14.77 per equity share, will be listed on the exchange effective from July 3, 2026. This approval allows the new securities to be traded, increasing the company's equity base.

The approval was communicated via a letter bearing reference number LOD/PREF/VJ/52/2026-2027 dated July 2, 2026. The securities bear distinctive numbers ranging from 250394310 to 353263718. The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Issue

The following table outlines the specifics of the preferential allotment:

The company has enclosed a copy of the trading approval letter for record purposes. Jinal Thakkar, Company Secretary & Compliance Officer, signed the intimation on July 3, 2026.