Lancor Holdings Limited — Board Meeting, 13-06-2025: Outcome of Board Meeting

Lancor Holdings has approved issuing 33.33 lakh fully convertible warrants to promoters at Rs. 30 each, raising nearly Rs. 10 Cr. Promoters have paid 25% upfront, with the balance payable on conversion within 18 months. This will modestly increase promoter holdings and provide the company with fresh equity to support growth initiatives. The move reinforces promoter confidence and enhances financial flexibility without immediate changes in paid-up capital.