Lancer Container Lines Board Approves Preferential Issue of 1,85,18,518 Equity Shares at ₹10.80 Per Share

Lancer Container Lines has informed BSE Limited of the outcome of its Board of Directors meeting held on Monday, May 11, 2026, at its registered office in CBD Belapur. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Company Secretary and Compliance Officer Jinal Thakkar.

Board Approves Preferential Issue to Promoter

The Board of Directors approved the issuance of up to 1,85,18,518 (one crore eighty-five lakh eighteen thousand five hundred and eighteen) fully paid-up equity shares of face value ₹5/- each, at an issue price of ₹10.80/- per equity share, on a preferential basis. The allotment is proposed to Mr. Suleyman Emre (formerly known as Abdul Khalik Abdul Kadar Chataiwala), a person belonging to the Promoter Category of the company. The total issue size aggregates to ₹20,00,00,000/- (Rupees twenty crores only). The issuance involves conversion of existing unsecured loans availed by the company from the proposed allottee into equity shares, in accordance with the Companies Act, 2013, and Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The proposal is subject to shareholders' approval by way of a special resolution through postal ballot, along with such other statutory and regulatory approvals as may be required.

The board also approved the Notice of Postal Ballot to seek shareholders' approval for the aforesaid matter and matters incidental thereto. Upon commencement of dispatch of the Notice of Postal Ballot to shareholders, the company will intimate the stock exchange along with a copy of the said notice. The board meeting commenced at 11:00 a.m. (IST) and concluded at 12:10 p.m. (IST).

Key Details of the Preferential Issue

The following table summarises the key parameters of the approved preferential issue as disclosed under Regulation 30 of the Listing Regulations:

Parameter: Details Type of Securities: Fully paid-up equity shares Type of Issuance: Preferential Issue (Conversion of Unsecured Loan into Equity) Number of Shares: Up to 1,85,18,518 equity shares Face Value: ₹5/- per share Issue Price: ₹10.80/- per equity share Total Issue Size: ₹20,00,00,000/- (Rupees twenty crores only) Number of Allottees: 1 (one) Proposed Allottee: Mr. Suleyman Emre (formerly known as Abdul Khalik Abdul Kadar Chataiwala) Allottee Category: Promoter Category Regulatory Framework: Companies Act, 2013 and SEBI (ICDR) Regulations, 2018 Subject to: Shareholders' special resolution via postal ballot and other regulatory approvals

Pre and Post-Allotment Promoter Shareholding

As a result of the proposed preferential allotment, the shareholding of the proposed allottee in Lancer Container Lines is expected to change as follows:

Name of Proposed Allottee: Pre-Preferential Shares Pre-Preferential % Post-Preferential Shares Post-Preferential % Suleyman Emre (formerly known as Abdul Khalik Abdul Kadar Chataiwala): 8,90,72,098 25.21% 10,75,90,616 28.94%

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of Lancer Container Lines is already closed from April 01, 2026. The closure will remain in effect until 48 hours after the unaudited or audited financial results for the quarter and financial year ended March 31, 2026, are approved by the Board of Directors and filed with the stock exchange. The trading window closure is applicable to Promoters, Directors, Key Managerial Personnel, Designated Persons of the Company, and their immediate relatives.

The intimation was submitted by Jinal Thakkar, Company Secretary and Compliance Officer (ACS: 70547), from Navi Mumbai, on behalf of Lancer Container Lines Limited.

Lancer Container Lines Limited has filed its quarterly compliance certificate with BSE Limited under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made on April 13, 2026, by Company Secretary and Compliance Officer Jinal Thakkar.

Regulatory Compliance Confirmation

The company confirmed that during the period from January 1, 2026 to March 31, 2026, neither the company nor its Registrar and Share Transfer Agent (RTA), Bigshare Services Private Limited, received any requests for dematerialization or rematerialization of shares. This confirmation is based on verification from the RTA and demonstrates full compliance with regulatory requirements.

Compliance Parameter: Details Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5) Quarter Period: January 1, 2026 to March 31, 2026 Dematerialization Requests: None received Rematerialization Requests: None received Share Holding Status: All shares held in dematerialized form

Certificate Details and Documentation

Bigshare Services Private Limited, serving as the company's RTA, issued a separate certificate dated April 9, 2026, confirming the non-applicability of certain compliance requirements under Regulation 74(5). The RTA stated that the regulation is not applicable to the company as the entire shareholding remains in dematerialized form, with no member requests for rematerialization or dematerialization during the quarter.

Stakeholder Communication

The compliance certificate has been submitted to multiple regulatory bodies and depositories for record-keeping purposes. The company has also committed to disseminating this information on its official website at www.lancerline.com to ensure transparency and accessibility for all stakeholders.

Submission Details: Information Filing Date: April 13, 2026 Submitted By: Jinal Thakkar, Company Secretary & Compliance Officer ACS Number: 70547 Place of Filing: Navi Mumbai Website Disclosure: www.lancerline.com

This quarterly compliance filing reflects the company's commitment to maintaining regulatory adherence and transparent communication with market participants and regulatory authorities.

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