Lancor Holdings Limited — Important, 31-12-2024: Updates

An inter-se transfer of 32,00,000 (4.38%) equity shares occurred between promoters Mrs. Sangeetha Shekar and Mrs. Shyamala Shekar, classified as an off-market transaction. This transfer, documented on December 30, 2024, is a gift, and it does not alter the overall shareholding of the promoter group. Despite this equity movement, the proportion of equity held by the promoters remains unchanged, which may indicate stability within the company’s leadership structure. Observers should maintain awareness of potential shifts in control dynamics, though the current situation reflects no immediate risks or changes in governance.