Lancer Container Lines Receives BSE Listing Approval for Preferential Issue
Lancer Container Lines Ltd secured listing approval from the BSE for a tranche of its equity shares issued on a preferential basis. The approval, noted on April 9, 2026, pertains to 10,28,69,409 equity shares.BSE Limited granted the listing approval vide letter reference no. LOD/PREF/DA/FIP/47/2026-27 dated April 9, 2026. The shares have a face value of Rs. 5/- each and were issued at a premium of Rs. 14.77/- per equity share to non-promoters.
The company, Lancer Container Lines Limited, has scrip code 539841.
The details of the shares approved for listing are summarized below:
| Parameter | Detail |
|---|---|
| Number of Shares | 10,28,69,409 |
| Face Value Per Share | Rs. 5/- |
| Issue Price Premium | Rs. 14.77/- |
| Basis of Issue | Preferential to non-promoters |
Lancer Container Lines Limited must ensure compliance with relevant regulations concerning shareholding patterns, particularly if there is a change exceeding two per cent of the total paid-up share capital.
The approval for dealing in the shares on the Exchange is subject to the company fulfilling several requirements, including:
- Listing approval from the National Stock Exchange of India Ltd., if applicable.
- Confirmation letters from NSDL/CDSL regarding the crediting of the shares to the respective beneficiary accounts or the admission of capital to the depository system.
- Confirmation letters from NSDL/CDSL concerning the lock-in of pre-preferential holding, if applicable.
Furthermore, listed entities are required to apply for trading approval to the stock exchange(s) within seven working days from the date of grant of listing approval by the stock exchange(s).
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