Sale11 Sept 2026, 05:10 pm
Transworld Shipping Sells Vessel 'TBC Kailash' for US$9.25 Mn
AI Summary
Transworld Shipping Lines Ltd. has signed a Memorandum of Agreement (MOA) for the sale of its vessel, 'TBC Kailash', to Mandarine Ocean Ltd. The transaction is valued at US$9,250,000. The company has provided the requisite details as per SEBI regulations. The vessel was formerly known as Shreyas Shipping and Logistics Limited. This sale is part of the company's ongoing business operations and does not involve related parties.
Key Highlights
- Company sells vessel 'TBC Kailash' for US$9.25 million.
- Agreement signed with Mandarine Ocean Ltd.
- Transaction is an arms-length deal, not a related party transaction.
- Details submitted as per SEBI Listing Obligations and Disclosure Requirements.
Price Impact
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