Shahi Shipping Board Approves Financial Results and Property Sale

Shahi Shipping Ltd announced the outcome of its Board Meeting held on October 31, 2026. The Board approved the Unaudited Standalone Financial Results for the second quarter and half-year ended September 30, 2026, along with the Limited Review Report. Additionally, the Board considered and approved the future sale of property located in Vashi, Navi Mumbai. The meeting also highlighted a material uncertainty regarding the company's ability to continue as a going concern, with accumulated losses fully eroding its net worth and liabilities exceeding assets.