Varun Shipping gets nod for amalgamation

09 Jan 2013

Varun Shipping has received an approval for the proposal of amalgamation between Varun Shipping Company and Varun Global Private and Tarun Shipping and Industries and Varun Maritime and Varun Gas Infrastructure and Varun Resources and their respective shareholders and creditors. The amalgamation Scheme has been approved in the meeting with requisite majority of 97.18% in number and 99.99% in value.

Varun Shipping is the leading Indian private sector shipping company that owns and operates vessels in the hydrocarbon sector. The company has a well diversified fleet due to which it offers a comprehensive transportation and support solutions, thus making it a global player in energy transportation and offshore exploration and production (E and P) support services.

Related Varun Shipping Company Ltd.-(Merged) Links:
1 Year Price Chart
Peers
Company Name CMP
Shipping Corpn. 110.10
GE Shipping 398.30
Dredging Corp 388.00
Shreyas Shipping 97.00
Essar Shipping 9.45
View more..
Sensex vs Varun Shipping Co
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback