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Essar Shipping informs about outcome of board meeting

28 Mar 2024 Evaluate

Essar Shipping has informed that the Board of Directors of the Company at its meeting held on Thursday, March 28, 2024 have considered, noted and approved the following: Extension of timeline for concluding Disinvestment in Overseas Direct Investments (ODI) and sale of shares of subsidiary Companies namely: a. Energy II, Bermuda; b. Essar Shipping DMCC, Dubai; and c. OGD Services Holdings, Mauritius. Subject to approval of members at the ensuing Extra Ordinary General Meeting of the Company, upon completion of said transaction, the said Companies will cease to be the subsidiary of the Company; Resignation of Nisha Barnwal as the Company Secretary and Compliance officer of the Company with effect from close business hours of 12.04.2024; Appointment of Rachana Trivedi as the Company Secretary and Compliance officer of the Company with effect from 13.04.2024. Further, the detailed disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/ CFD /CMD/4/2015 dated September 9, 2015 and SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated 13th July 2023 is enclosed as Annexure-A and Annexure B. The date and Notice of Extra ordinary General Meeting will be intimated shortly. The meeting of Board of Directors of the Company commenced at 11.00 am and concluded at 4.30 pm.

The above information is a part of company’s filings submitted to BSE.



Essar Shipping Share Price

27.79 0.62 (2.28%)
17-Apr-2026 16:59 View Price Chart
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