Brief: Shreyas Shipping & Logistics' unit to buy 99.9 pct stake in Balaji Shipping Lines

Transworld Shipping Lines

09/03/2017 08:17

March 9 (Reuters) - Shreyas Shipping And Logistics Ltd 
 SRSH.NS  
    * Says board approved Shreyas Relay Systems to buy 99.99 
percent stake in Balaji Shipping Lines FZCO 
    * Says consequent to the said issue, co would hold less than 
50 percent of the shareholding in SRS 
    * Says as consideration for deal, co to issue fully paid up 
equity shares to Transworld Holdings Ltd 
 
Source text: http://bit.ly/2m1WZ1e 
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