Shipping Corporation of India Ltd fixes March 31, 2023 as record date for demerger

The Board of Directors of the Company at their meeting held today, i.e., 20th March, 2023 have fixed the record date, for the purpose of ascertaining the list of eligible shareholders of the Shipping Corporation of India Limited (Demerged Company / SCI) for allotment of Equity Shares by Shipping Corporation of India Land and Assets Limited (Resulting Company) each credited as fully paid up in the ratio of 1:1 as per Scheme of Arrangement for Demerger as approved by Hon'ble Ministry of Corporate Affairs.

Shares of Shipping Corporation Of India Limited was last trading in BSE at Rs. 131.65 as compared to the previous close of Rs. 128.80. The total number of shares traded during the day was 221860 in over 2988 trades.

The stock hit an intraday high of Rs. 134.10 and intraday low of 127.10. The net turnover during the day was Rs. 29041822.00.

Source : Equity Bulls

Keywords

ShippingCorporationOfIndia INE109A01011 SCI RecordDate Demerger 1For1