Mahaan Impex Ltd to takeover business of Seacoast

Mahaan Impex Ltd has decided to takeover the business of M/s. Seacoast and said business is running under brand name of "Seacoast" and having international presence into the field of "dry bulk cargo shipping and logistic business" since last 20 years will extraordinarily contribute growth story of the company and maximization of stakeholders wealth. This move will create excellent growth opportunities for the companies whereas the company will extremely benefited by taking over of business of which last financial year, 2019-20 and estimated revenue generation is approx. INR 3500 Million and estimated PBT is INR 80 Million. This would add remarkable growth opportunities for the stakeholders of the company. Further, the company will be extremely benefited by the exceptional experience and international presence of new management into the field of Bulk Cargo Shipping & Logistic business.

Source : Equity Bulls

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