Lancor Holdings Closes Trading Window for Insiders

Lancor Holdings Limited has announced the closure of its trading window for designated employees and their relatives. This restriction begins on April 1, 2026.

The trading window will remain shut until a period of 48 hours has passed after the company publicly declares its financial results for the quarter and year ended March 31, 2026.

This measure is in compliance with SEBI's Prohibition of Insider Trading Regulations, aiming to prevent the misuse of unpublished price-sensitive information and maintain market integrity.

Company Background

Lancor Holdings, incorporated in 1985, operates in the real estate sector and is listed on both the BSE and NSE.

Past Regulatory Issues

The company and its promoters have faced regulatory action previously. In October 2017, SEBI imposed a Rs 20 lakh fine on four promoters – R V Shekar, Shyamala Shekar, Sangeetha Shekar, and Swetha Shekar – for failing to make necessary public announcements after acquiring shares through bulk deals, thereby violating SAST Regulations.

Impact on Employees

Designated employees and their immediate relatives are strictly prohibited from trading in Lancor Holdings' shares during the specified closure period. Any violation of these regulations could lead to penalties and disciplinary actions as per SEBI guidelines.

Industry Standard Practice

This practice of closing the trading window is standard across the real estate sector and other listed companies in India. Peers such as DLF Limited, Oberoi Realty Limited, Sobha Limited, and Godrej Properties Limited regularly implement similar closures before announcing their financial results.

Key Next Steps

The company confirmed that the date for the board meeting to approve these financial results will be communicated separately.