Non- Applicability of Compliance Certificate under Regulation 74 (5)
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Lancer Container Lines Ltd has informed BSE that Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is not applicable to the company for the quarter ended 31st March 2025. This is because 100% of the company's shares are already held in dematerialized (demat) form, and no requests for dematerialization or rematerialization were received from any shareholder during the January–March 2025 quarter. The Registrar and Transfer Agent (Bigshare Services Pvt. Ltd.) has independently confirmed this position. This is a routine quarterly compliance filing required of listed companies.
This is a non-event filing with no impact on stock price or shareholder value. However, the 100% demat holding is a positive indicator — it means there are no physical share certificates at risk of loss or forgery, and all trading takes place in electronic form.