Shreyas Shipping & Logistics, India's first & only container feeder owning and operating company, announced that the board of directors of the company have approved a plan for acquisition of 4 container vessels ranging from 1700 teus to 2500 teus over a period of 18-24 months.
The details of acquisitions shall be made available to the investors as and when finalized.
Shares of the company declined Rs 8.2, or 2.16%, to settle at Rs 371.80. The total volume of shares traded was 7,188 at the BSE (Monday).