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Essar Shipping Limited. ( (IN:ESSARSHPNG) ) has shared an announcement.
Essar Shipping Limited announced several key decisions from its 15th Annual General Meeting, including the appointment of new auditors and directors, and the disinvestment of its wholly-owned subsidiaries in the UAE and Mauritius. These moves are part of the company’s strategy to streamline operations and improve financial health by utilizing sale proceeds to redeem existing debts, potentially impacting its market positioning and stakeholder interests.
More about Essar Shipping Limited.
Essar Shipping Limited operates in the shipping industry and is involved in providing services related to steel, energy, infrastructure, and other services. The company is headquartered in Mumbai, Maharashtra, India, and has a focus on enhancing its market presence through strategic operations.
Average Trading Volume: 28,074
Technical Sentiment Signal: Buy
Current Market Cap: 5.82B INR
See more data about ESSARSHPNG stock on TipRanks’ Stock Analysis page.