Sale4 Aug 2026, 07:31 pm
Transworld Shipping Sells Vessel for US$ 4.1 Mn
AI Summary
Transworld Shipping Lines Ltd has signed a Memorandum of Agreement (MOA) on August 4, 2026, to sell its vessel, M.V. SSL Sabarimalai, to Avana Logistek Limited for a consideration of US$ 4,100,000. The company has provided the requisite details as per SEBI regulations. The transaction does not involve related parties and is not considered a related party transaction. This sale is a divestment of an asset by the company.
Key Highlights
- Company sells vessel M.V. SSL Sabarimalai to Avana Logistek Limited.
- Sale consideration is US$ 4,100,000.
- Transaction is not a related party transaction.
- Company complies with SEBI disclosure requirements.
Price Impact
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