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The board of directors of Lancer Container Lines on Friday approved issue of bonus shares in the ratio of 3:5, i.e. three bonus shares at par fully paid-up to be issued for every five shares held by the members as on the record date. The board has also approved a proposal to hold an EGM on December 21 and the appointment of Geeta Canabar & Associates, Practicing Company Secretary, as scrutiniser. Shares of Lancer Container Lines jumped 5 per cent at ₹175.45 on the BSE.
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