Announced Thu, 2 Jul · 17:58 IST
Board approves sale of movable assets at market price
Business Updates View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+4.2%1-day move
₹12.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.2+4.1+3.9+1.6+3.8+1.0-4.0———
Up moveDown movePending
AI summary
The Board of Directors of Shahi Shipping Limited, at its meeting held on July 2, 2026, approved the sale or disposal of movable assets at the best available market price. The company has not disclosed which specific assets are being sold, their book value, or the expected proceeds. This disclosure is made under Regulation 30 of SEBI Listing Regulations.
Likely market impact
Asset disposal may release cash but lack of details on assets, value, and use of proceeds creates uncertainty for investors.