Intimation of Striking-off of the name of Wholly Owned Subsidiary of the Company - Lancer Tank Container Services Private Limited
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Lancer Container Lines has informed BSE that its wholly owned subsidiary, Lancer Tank Container Services Private Limited, has been struck off from the Register of Companies by the Registrar of Companies, Mumbai, effective April 28, 2025, and the entity is now dissolved. The subsidiary was a non-operating entity, reporting zero income for FY 2024-25 and contributing 0.00% to the company's consolidated net worth. The company has disclosed this under Regulation 30 of SEBI LODR Regulations, 2015.
This is a routine housekeeping action — the dissolved subsidiary had no revenue or net worth impact on the parent, so shareholders should see no material effect on financials or stock price.