Logistics services provider Lancer to consider bonus shares for ... - Zee Business

Logistics solution provider Lancer Container Lines is considering issuing bonus shares to its existing equity shareholders. The company plans to announce the proposal at a meeting on August 10. Bonus shares are additional shares given to shareholders to increase liquidity and make stocks more affordable. Lancer Container, established in 2011, offers services to over 70 ports in more than 30 countries. The company's shares have seen significant growth in the last two years, with promoters holding a 52.56% stake and FIIs increasing their stake to 19.44%.

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