Shipping Corporation of India (SCI) rose 2.77% to Rs 115.15 after the company said it has received approval for demerger of its non-core assets. The Ministry of Ports, Shipping and Waterways vide letter dated 16 September 2021 has approved SCI’s draft scheme of arrangement for the demerger of its non-core assets. The scheme mandates the …
The post Shipping Corp gains after demerger plan gets approval first appeared on Hellenic Shipping News Worldwide.