Lancer Container Lines Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/10/2024 inter alia to consider and approve the fund raising by way of an issuance of equity shares of face value of ? 5/- each of the Company to its eligible equity shareholders on a rights basis (Rights issue) subject to receipt of necessary approvals from regulatory authorities as applicable and in accordance with applicable provisions of the Companies Act 2013 as amended SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 as amended and other applicable laws