Date: November 6, 2026
Cyber Fraud Incident Details
Lancia Shipping LLC, a wholly owned subsidiary of Lancer Container Lines Limited, has been impacted by a cyber fraud incident. The fraud involved impersonation of Mr. Aniket Bhau Birdavade, the Manager of the subsidiary, through a fraudulent WhatsApp account. The impersonator issued fraudulent payment instructions to the subsidiary's finance team, resulting in certain payments being remitted to a third-party bank account.
Financial Impact
The estimated financial impact arising from the incident is approximately USD 100,000 (United States Dollars One Hundred Thousand Only). This impact is on the listed entity through its wholly owned subsidiary.
Timeline of Events
- Date of occurrence: November 2, 2026
- Management awareness: The Company's management became aware of the incident at approximately noon on November 6, 2026
Persons Involved
The fraud was committed by unidentified individual(s) who are not known to be associated with the Company or its subsidiary.
Regulatory Reporting and Actions Taken
- The matter has been reported to relevant law enforcement authorities in the United Arab Emirates
- A formal complaint has been filed with UAE authorities
- The matter is presently under investigation by relevant authorities
- The subsidiary is cooperating fully with investigating authorities
- The company is taking all necessary steps to safeguard its interests and those of its stakeholders
Compliance Context
Not Specified Sections
No material disclosures under the following sections: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor's Report, Disinvestment / Strategic Actions, Media Release / Investor Communication.