Shipping Corporation of India Land and Assets Limited
SCILALMiscellaneous
Shipping Corp.of India Land & Assets is in the process of strategic disinvestment of its equity stake in Shipping Corporation of India Limited (SCI) together with transfer of management control. To facilitate disinvestment process of the Company in an effective, efficient and rapid manner and also to unlock the value of the business and the assets, it is found appropriate that the Non-core Assets of the Company, the…
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16-07-2025 · 07:29 pm
Shipping Corporation of India (SCI) is moving forward with the demerger of its Non-Core Assets into Shipping Corporation of India Land and Assets Limited (SCILAL). The demerger scheme has received a crucial stamp duty exemption certificate. This is a significant positive, as it removes a major financial hurdle, making the...