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Incorporated in November 2020, Brace Port Logistics Limited specializes in ocean cargo logistics services, catering to clients across diverse sectors.
Brace Port Logistics received a fine of Rs. 10,800 from NSE for non-compliance with record date requirements. The Board noted the non-compliance was not willful and has paid the fine, vowing to strengthen processes for future adherence.
Brace Port Logistics, an SME-listed company, is exempt from most corporate governance norms. However, rules concerning related party transactions will become applicable under specific financial conditions.
Brace Port Logistics' Promoter, Yashpal Sharma, acquired 11,200 equity shares via an on-market transaction. Valued at INR 9.07 lakh, this purchase increases his stake by 0.10% of the total paid-up capital.
Brace Port Logistics promoter Rishi Trehan sold 11,200 equity shares, representing 0.10% of total paid-up capital, via an on-market transaction. The sale was valued at approximately INR 0.09 Cr.
Brace Port Logistics' promoter, Rishi Trehan, sold 9,600 equity shares in an open market transaction valued at INR 7.82 lakh. This reduces his stake from 1.85% to 1.77%.