Lancer Container Lines Gets BSE Listing Approval for 1.85 Cr Shares

Lancer Container Lines Ltd has received listing approval from BSE Limited for 1,85,18,518 equity shares issued on a preferential basis to promoters. These shares, with a face value of Rs. 5/- each, were issued at a premium of Rs. 5.80/- per share. The approval is subject to compliance with SEBI regulations, including potential filing of shareholding patterns and obtaining trading approval from the exchange. The company must also ensure shares are credited to beneficiary accounts and obtain necessary confirmations from depositories.