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    ALPHA TRIBE

    Lancor Holdings Limited — Important, 05-03-2026: Disclosure of material issue

    05-03-2026 | 04:12 pm

    LANCOR HOLDINGS LIMITED (NSE: LANCORHOL, BSE: 509048) has made a strategic move, selling the 4th & 5th floors of its Menon Eternity building in Alwarpet, Chennai. This significant asset divestment covers 41,356 sq.ft.

    Issue: Strategic sale of a considerable real estate asset.

    Impact: This move could unlock capital, enhance liquidity, or be part of a broader portfolio optimization. Investors should monitor how these funds are deployed, signaling the company's ongoing financial strategy.

    Response: The sale itself is Lancor's proactive step towards potential financial or operational realignment.

    #LANCORHOL #AssetSale

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