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Investment6 Mar 2026, 07:58 pm

LCC Infotech Ltd. Board Approves Allotment of 4.2 Crore Equity Shares on Preferential Basis

AI Summary

LCC Infotech Ltd. held a Board Meeting on 6th March 2026, where they approved the allotment of 4,20,00,000 (Four Crore Twenty Lakhs) Equity Shares on a preferential basis. The shares, with a face value of Rs. 2/- each, were issued at a price of Rs. 4.55/- (Rupees Four and Fifty-Five Paisa Only) per Equity Share, including a premium of Rs. 2.55/- per share. The allotment was made to certain identified persons, as per the list enclosed in Annexure-A. This decision led to an increase in the company's paid-up Equity Share Capital from Rs. 25,31,86,700/- to Rs. 33,71,86,700/-. The details of the allotment are disclosed in Annexure-B.

Key Highlights

  • LCC Infotech Ltd. approved the allotment of 4.2 crore equity shares on a preferential basis.
  • The shares were issued at a price of Rs. 4.55 each, including a premium of Rs. 2.55 per share.
  • The allotment was made to certain identified persons as per Annexure-A.
  • This allotment increased the company's paid-up Equity Share Capital from Rs. 25,31,86,700/- to Rs. 33,71,86,700/-.
  • The details of the allotment are disclosed in Annexure-B.
LCCINFOTEC
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LCC INFOTECH LTD.

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