Cabinet approves disinvestment of govt’s stake held in Shipping Corporation of India

21 Nov 2019 Evaluate

The Cabinet Committee on Economic Affairs has accorded 'In-principle' approval for strategic disinvestment of Government of India shareholding of 63.75% in Shipping Corporation of India (SCI) along with transfer of management control to a strategic buyer.

SCI is the only Indian shipping company operating break-bulk service, international container service, liquid / dry bulk service, offshore service, passenger service, in addition to manning / managing a large number of vessels on behalf of various government departments and organizations.

Shipping Corpn. Share Price

210.00 1.00 (0.48%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 210.00
GE Shipping 968.85
Dredging Corp 849.00
Seamec 1115.80
Transworld Shipping 420.80
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