Sanco trans Ltd sells its stake in SANS CFS Ltd

Sanco trans Ltd has sold its entire equity holding of 50,000 equity shares of Rs. 10/- each held in its wholly owned subsidiary, M/s. SANS CFS Limited (formerly known as M/s. Sanco Clearance Limited) to M/s. Triway Container Freight Station Private Limited.

Subsequent to the afore said sale, M/s. SANS CFS Limited (formerly known as M/s. Sanco Clearance Limited) has ceased to be the wholly owned subsidiary / subsidiary of the Company.

Shares of SANCO TRANS LTD. was last trading in BSE at Rs. 594.95 as compared to the previous close of Rs. 550.50. The total number of shares traded during the day was 491 in over 50 trades.

The stock hit an intraday high of Rs. 600.00 and intraday low of 555.00. The net turnover during the day was Rs. 285077.00.

Source : Equity Bulls

Keywords

SANCOTRANSLTD INE391G01012 TransportRelatedServices StakeSale