Lancor Holdings Limited notified that the Company had purchased the 1st Floor Office Space in VTN Square, No.58, G N Chetty Road, T Nagar, Chennai - 600 017 through an e-auction conducted by Bank of India, Asset Recovery Branch, New Delhi. This property is one floor below the Registered Office of the Company, Chennai. The Sale Certificate issued in favour of the Company was stayed by the Presiding Officer, DRT, Delhi.

The said stay has been lifted and the Company will now proceed to obtain the registration and possession of the said property soon.