LANCOR HOLDINGS LTD. - 509048 - Announcement Under Regulation 30
In continuation to the disclosure made by us on 11th February, 2019, with respect to the property 'Menon Eternity', the Company had approached the Hon'ble Supreme Court of India through Special Leave Petition (SLP), and the said SLP was admitted. Further, the Hon'ble Supreme Court of India directed the parties to explore the possibilities of out of Court settlement. Abiding by the directions of the Hon'ble Supreme Court of India, the Company is initiating the process of out of Court settlement with the parties of the other side. Request you to kindly take the same on record as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further, we shall keep the Stock Exchange fully informed about the further developments in the matter.27-02-2019