Brief: Chowgule Steamships approves acquisition of river - sea vessel
06/05/2016 11:28
May 6 (Reuters) - Chowgule Steamships Ltd CHWG.BO : * Approved and ratified acquisition of river - sea vessel from a related party at arm's length price * Source text: Chowgule Steamships Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 06, 2016, inter alia, has: - Approved and ratified the acquisition of a river - sea vessel from a related party at arm's length price as per valuation received from independent Valuers. The prior approval of the Audit Committee was also obtained as required. * Further company coverage CHWG.BO ((Bengaluru Newsroom; +91 80 6749 1130))
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