Lancor Holdings Limited — QIP/Rights/Pref., 28-02-2025: Allotment of Securities

The Banking Finance and Operations committee of Lancor Holdings has approved the allotment of 2,500 Non-Convertible Debentures (NCDs) totaling ₹25 Cr, with a face value of ₹1 Lakh each. These NCDs will carry an interest rate of 16.5% and are set to be repaid in 12 equal quarterly installments after a 12-month principal moratorium period. Post-allotment, the company's paid-up share capital stands at ₹14.59 Cr, comprising 7,29,95,560 equity shares of ₹2 each.