Tag

Shreeji Shipping Global Limited

5 articles
Shreeji Shipping Global is undergoing a series of divestments by its promoters aimed at complying with minimum public shareholding (MPS) requirements mandated by the Securities and Exchange Board of India. Ashokkumar and Jitendra Lal have been actively selling portions of their stake, utilizing both open market transactions and an Offer for Sale (OFS), totaling approximately 2.67% of equity. These sales, occurring throughout August and September 2026, demonstrate a concerted effort to reduce promoter holdings from 90% to meet regulatory thresholds, potentially improving liquidity and broadening the shareholder base. Investors should monitor whether further divestments are planned as the company works to maintain full compliance.