Lancor Holdings Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2025 ,inter alia, to consider and approve Intimation of Board meeting ....
LANCORHOL · price
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Lancor Holdings has informed stock exchanges that its Board of Directors will meet on 30th September 2025 to consider and approve the issuance of Non-Convertible Debentures (NCDs) worth up to INR 15 Crore. The NCDs will have a face value of Rs. 1,00,000 each and will be issued on a private placement basis, possibly in multiple tranches over a period of time. The company is a small-cap real estate player listed on both BSE (scrip code 509048) and NSE (symbol: LANCORHOL).
For shareholders, this means potential dilution of debt (not equity) as NCDs are borrowings, so no change in shareholding pattern. However, an additional INR 15 Crore of debt will increase the company's leverage, which matters given Lancor is a small real estate firm. The market reaction will depend on the coupon rate and end use of funds, which are not disclosed in this intimation.