Brief: Sanco Trans Sees Rev Hit By About 10% For FY2022-23
06/10/2022 11:21
Oct 6 (Reuters) - Sanco Trans Ltd SNCT.BO :
* RESOLUTIONS FOR APPROVAL OF MATERIAL RELATED PARTY
TRANSACTIONS
NOT PASSED BY SHAREHOLDERS
* CANCELLED ALL EXISTING COMMERCIAL ARRANGEMENTS,
TRANSACTIONS
WITH SUDHARSAN LOGISTICS
* STOPPED RENDERING SERVICES AT CFS, ANDARKUPPAM
* REVENUE LIKELY TO BE ADVERSELY IMPACTED BY ABOUT 10% FOR
FY
2022-23 WITH ATTENDANT IMPACT ON PROFITABILITY
Source text for Eikon: ID:nBSE6nzRrP
Further company coverage: SNCT.BO
((Reuters.Briefs@thomsonreuters.com;))