Essar Shipping Ltd Completes Sale of Entire Stake in DrillXplore Services Private Limited

Essar Shipping Ltd has completed the sale of its entire stake in DrillXplore Services Private Limited for a consideration of Rs. 46,000/-. The agreement for sale was entered into on a date prior to the disclosure, and the sale was completed on February 25, 2026. The sale does not involve any promoter/promoter group/group companies and is not a slump sale or part of a scheme of arrangement. The sale does not fall within related party transactions.