Shreyas Shipping and Logistics signs MOA for acquisition of one Bulk carrier; Stock slips 2%

The Bulk carrier will be delivered to the company between October 15, 2021, to November 15, 2021.

Sep 17, 2021 11:09 IST India Infoline News Service

Shreyas Shipping
Shreyas Shipping and Logistics Limited have signed a Memorandum of Agreement (MOA) for the acquisition of one Bulk carrier of 34250 DWT.

The Bulk carrier will be delivered to the company between October 15, 2021, to November 15, 2021.

At around 11.17 AM, Shreyas Shipping & Logistics Ltd was trading at Rs393.90 per piece down by Rs9.1 or 2.26% from its previous closing of Rs403 per piece on the BSE.
The scrip opened at Rs406.70 and has touched a high and low of Rs406.70 and Rs392.90 respectively.

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