Please find enclosed intimation w.r.t. voting results and scrutinizer''s report for the 1st Extraordinary General Meeting for the financial year 2025-26 of the Company.
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Lancer Container Lines Limited held its 1st Extraordinary General Meeting for FY 2025-26 on December 13, 2025, via video conferencing. Shareholders approved all three resolutions with overwhelming majority (around 95% in favor on each). Resolution 1 was the appointment of Ms. Heena Imran Shaikh (DIN: 08835188) as an Executive Director (95.13% in favor). Resolution 2 approved an increase in the company's authorised share capital along with a change to the Capital Clause of the Memorandum of Association (95.14% in favor). Resolution 3, a Special Resolution, approved the issue of equity shares on a preferential basis for consideration other than cash, i.e., a share swap (95.14% in favor). Total voting participation was about 47.60% of outstanding shares, with promoters contributing nearly 79% of votes polled.
Shareholders have greenlit a new Executive Director, an expansion of authorised share capital, and a share-swap preferential allotment — the last could lead to share dilution and signals a likely acquisition or strategic restructuring paid for in stock rather than cash.