Lancor Holdings Limited — QIP/Rights/Pref., 16-12-2024: Allotment of Securities

LANCOR HOLDINGS LIMITED has announced the allotment of 243 Non-Convertible Debentures (NCDs), amounting to ₹2.43 Cr, with a face value of ₹1 Lakh each. These debentures are issued on a private placement basis at an interest rate of 16.5%, set to be repaid in 12 quarterly installments following a principal moratorium of 4 quarters. Following this allotment, the company's paid-up share capital stands at ₹14.59 Cr, consisting of 7,29,95,560 fully paid equity shares.