Lancor Holdings Limited has informed the stock exchanges of the sale of the 10th Floor (Northern Wing) of its Menon Eternity building in Chennai, with the full sale consideration having been received. The disclosure was made on May 14, 2026, in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Property Transaction Details

The sold floor is part of the Menon Eternity building situated at Old No. 165, New No. 110, St. Mary's Road, Alwarpet, Chennai. The key details of the transaction are summarised below:

Regulatory Disclosure

The intimation was filed with both the National Stock Exchange of India Limited and BSE Limited as required under the applicable listing regulations. The disclosure was signed by Kaushani Chatterjee, Company Secretary & Compliance Officer of Lancor Holdings Limited, confirming the completion of the transaction and receipt of the full sale consideration.

Lancor Holdings Limited is headquartered at VTN Square, 2nd Floor, No. 58, G.N. Chetty Road, T. Nagar, Chennai – 600017.

Lancor Holdings Limited has announced a key senior management appointment, strengthening its leadership team with the addition of an experienced sales and marketing professional to drive the company's growth initiatives.

Board Approval and Appointment Details

The Board of Directors of Lancor Holdings Limited approved the appointment of Mr. M.V.D. Kumar as Vice President Sales & Marketing through resolution by circulation on April 7, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee and takes effect from April 7, 2026.

Professional Background and Experience

Mr. M.V.D. Kumar brings extensive experience to his new role, with over 30 years in sales and marketing leadership positions. His educational qualifications include a B.Tech in Mechanical Engineering from Coimbatore Institute of Technology and an MBA in Marketing from the National Institute of Business Management.

The new appointee has demonstrated expertise across multiple sectors and has successfully scaled operations in diverse markets. His professional experience spans consumer durables, electronics, power systems, and real estate sectors, with proven capabilities in market expansion and team leadership.

Career Highlights and Industry Experience

Mr. Kumar's career includes significant roles with several reputed organizations, showcasing his versatility and leadership capabilities:

• Whirlpool of India (Mumbai) - Contributing to consumer durables sector growth
• TVS Electronics - Experience in electronics and technology sectors
• Murugappa Group (New Delhi) - Leadership role in diversified business operations
• Featherlite Developers & Shriram Properties - Real estate sector expertise

His international experience includes successful operations management in Dubai and African markets, demonstrating his ability to navigate diverse business environments and drive revenue growth across different geographical regions.

Regulatory Compliance

The appointment has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFDP0D2/I/3762/2026 dated January 30, 2026, ensuring full transparency with stakeholders and regulatory authorities.

The appointment reflects Lancor Holdings Limited's commitment to strengthening its senior management team with experienced professionals who can contribute to the company's strategic objectives and operational excellence in the competitive real estate market.