Hariyana Ship Breakers has received an approval for the change in the share of profit in the partnership firm 'Goyal Hariyana Realty' from 50% to 40% as a result of re-constitution of the said partnership firm. The Board of Directors of the company in its meeting held on March 02, 2020, approved the same.
The Board also approved entering into Partnership Agreement with Goyal & Co Constructions and Reniwal Constructions which are already carrying on the business under the name & style of 'Goyal Hariyana Developers' (A partnership firm formed on October 10, 2019) and which is engaged in the business of acquiring development rights such as construction of buildings, selling of residential flats, shops and car parking etc. The company will invest around a sum of Rs 2,50,00,000, by way of capital contribution and loan. The company in return shall be entitled to a profit share of 10%.
Hariyana Ship Breakers' principal activity is ship breaking, trading, manufacturing of sponge iron and also financing activities. The company operates in three segments namely Trading, Steel and power & financing. The company also in the business segment of Trading, Shipbreaking, Steel and Power, Investment & Trading.
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 305.85 |
| GE Shipping | 1425.30 |
| Dredging Corp | 976.65 |
| Seamec | 1556.00 |
| Shreeji Ship.Global | 377.10 |
| View more.. | |
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