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MCA sanctions scheme of arrangement of non-core assets of Shipping Corporation of India

Capital Market 

Shipping Corporation of India announced that the Ministry of Corporate Affairs (MCA) vide its order dated 22 February 2023 has sanctioned the Scheme of Arrangement for Demerger of Non-Core Assets (Demerged Undertaking) of Shipping Corporation of India (SCI/Demerged Company) into Shipping Corporation of India Land and Assets (Resulting Company) (Scheme of Arrangement).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


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First Published: Thu, February 23 2023. 19:03 IST
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