Lancer Container Lines, a leading logistics solution provider, has announced that they may issue bonus shares to their existing shareholders. The proposal will be discussed and approved at a meeting on August 10. Bonus shares are additional shares given to shareholders to increase liquidity in the stock. Lancer Container is a small-cap company with a market cap of Rs 1286 crore and has seen a significant return on their shares in recent years. The logistics industry in India has been thriving since the launch of the National Logistics Policy by the government.
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