Lancer Container Lines Ltd — Important, 19-02-2026: Company Update

Lancer Container Lines' board has approved the issuance of 10.29 crore new equity shares at Rs. 19.77 each. This share allotment, valued over Rs. 203 crore, is for acquiring 100% of P K M General Trading L.L.C. (PKMGT). As a result, PKMGT becomes a wholly-owned subsidiary, and its own subsidiary, PT Map Trans Logistic, is now a step-down subsidiary. This strategic acquisition, paid via shares, boosts Lancer's global presence and increases its paid-up equity capital from approximately Rs. 125.19 crore to Rs. 176.63 crore.