Sale13 Aug 2026, 05:50 pm
Transworld Shipping Sells Vessel SSL Kaveri for $16.4M
AI Summary
Transworld Shipping Lines Ltd. has signed a Memorandum of Agreement (MOA) on July 22, 2026, to sell its vessel, M.V. SSL Kaveri, to Avana Logistek Limited for a consideration of US$ 16,400,000. The company has provided the requisite details as per SEBI regulations. This transaction involves the divestment of a vessel and is conducted at arm's length, with no related party transactions identified. The company was formerly known as Shreyas Shipping and Logistics Limited.
Key Highlights
- Sale of vessel M.V. SSL Kaveri for US$ 16.4 million.
- Agreement signed on July 22, 2026, with Avana Logistek Limited.
- Transaction is at arm's length, no related party involvement.
- Company formerly known as Shreyas Shipping and Logistics Ltd.
Price Impact
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