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Essar Shipping Limited. ( (IN:ESSARSHPNG) ) has issued an update.
Essar Shipping Limited announced the partial redemption of its 1% Secured, Redeemable, Unlisted, Unrated, Non-Convertible Debentures, initially issued to Abhinand Ventures Private Limited. This financial maneuver involves a redemption value of Rs. 654,600,000, with a total amount paid including interest and premium reaching Rs. 659,047,693. This move is part of the company’s strategic financial management, although it does not impact the capital structure or involve early redemption options.
More about Essar Shipping Limited.
Essar Shipping Limited operates in the shipping industry, providing services related to steel, energy, infrastructure, and other logistics services. The company is based in India and is known for its focus on offering comprehensive shipping solutions.
Average Trading Volume: 76,291
Technical Sentiment Signal: Hold
Current Market Cap: 5.81B INR
For a thorough assessment of ESSARSHPNG stock, go to TipRanks’ Stock Analysis page.