Shipping Corporation Of India Limited has informed the Exchange regarding ' Sale of M.T. Maharshi Parashuram'.
SCI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shipping Corporation of India (SCI) has sold one crude oil tanker named 'M.T. Maharshi Parashuram' to an unnamed buyer. The vessel was handed over at Colombo Anchorage, Sri Lanka on August 8, 2025, on an 'as is where is' and 'no complaint' basis. No sale price or buyer details have been disclosed in the filing. SCI operates a large fleet of tankers and other vessels, so this appears to be a routine fleet-level asset sale rather than a strategic divestiture.
This is a single-vessel sale with no disclosed value, so it is unlikely to materially move the stock price. It likely reflects routine fleet renewal or asset monetisation by SCI. Investors should watch for further fleet sales or aggregate values if multiple such announcements follow.