Lancer Container Lines Ltd has announced significant changes involving two key promoters, including name changes and citizenship modifications. The company submitted this disclosure to BSE Limited on March 27, 2026, in compliance with regulatory requirements under the Securities and Exchange Board of India regulations.

Promoter Details and Changes

The company received formal intimations from both promoters regarding their personal status changes. These modifications involve both nomenclature and nationality aspects that required immediate disclosure to the stock exchange.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Jinal Thakkar signed the official communication, ensuring proper documentation of these material changes.

The intimations were received via email on March 27, 2026, and the company promptly communicated these developments to the listing department of BSE Limited. This demonstrates the company's commitment to maintaining transparency and regulatory compliance.

Impact on Company Structure

The company has specifically clarified that these personal changes do not affect the business operations or ownership structure. Key aspects of the continuity include:

• No change in shareholding percentages
• No alteration in control mechanisms
• Maintained status within promoter and promoter group classification
• Continued involvement in company governance

This announcement ensures that investors and stakeholders are fully informed about the promoter changes while confirming that the fundamental ownership and control structure of Lancer Container Lines remains unchanged despite the personal transitions of these key individuals.

Lancer Container Lines Ltd has successfully completed a preferential share allotment and subsidiary acquisition, marking a significant expansion in its corporate structure. The Board of Directors approved these transactions during a meeting held on February 19, 2026, and the company has now filed mandatory disclosures under SEBI takeover regulations.

Share Allotment Details

The company allotted 10,28,69,409 fully paid-up equity shares of face value Rs. 5 each at a price of Rs. 19.77 per share on a preferential basis. The allotment was made for consideration other than cash as part of the acquisition strategy.

SEBI Takeover Regulation Disclosures

Pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the company received disclosures from four individuals who acquired substantial stakes through the preferential allotment. Each acquirer obtained 2,46,88,658 equity shares, representing 6.99% of the total voting capital.

Impact on Share Capital

The preferential allotment resulted in a substantial increase in the company's paid-up equity share capital:

Subsidiary Acquisition

The share allotment was executed towards the acquisition of the entire fully paid-up equity share capital of P K M General Trading L.L.C. (PKMGT). This acquisition was conducted in accordance with the Share Purchase and Share Subscription Agreement dated November 14, 2025.

With the completion of this transaction, P K M General Trading L.L.C. became a wholly owned subsidiary of Lancer Container Lines with effect from February 19, 2026. Additionally, PT Map Trans Logistic, which was previously a subsidiary of PKMGT, has now become a step-down subsidiary of the company.

Regulatory Compliance

The transaction was conducted under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and applicable provisions of the Companies Act, 2013. The disclosure was made in compliance with Regulation 30 of the Listing Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The company filed the takeover disclosures with BSE Limited on February 23, 2026, through Company Secretary Jinal Thakkar. The Board Meeting for approving these transactions commenced at 8:10 p.m. (IST) and concluded at 8:40 p.m. (IST) on February 19, 2026. All four acquirers confirmed their acquisition details in the prescribed format, with signatures dated February 23, 2026, from U.A.E.