Shreyas Shipping & Logistics has received an approval to segregate the business of shipping and logistics. The board at its meeting held on February 02, 2012 has approved for the same.
The company has taken this step in order to enable its wholly owned subsidiary Shreyas Relay Systems to grow as an independent logistics company. This will be done by initiating the process of demerger of the two companies.
Shreyas Shipping & Logistics, a Transworld Group of company, was incorporated primarily to own and operate vessels for feedering of containers between Indian ports and internationally renowned container transshipment ports.
