ESSARSHPNG

Nov 14 (Reuters) - Essar Shipping Ltd ESPL.NS:

• SEPT-QUARTER CONSOL NET PROFIT 6.43 BILLION RUPEES

• SEPT-QUARTER CONSOL INCOME FROM OPERATIONS 1.48 BILLION RUPEES

Source text: ID:nBSE9VBGPx

Further company coverage: ESPL.NS

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Nov 13 (Reuters) - Essar Shipping Ltd ESPL.NS:

• ESSAR SHIPPING SEPT-QUARTER CONSOL NET PROFIT 6.43 BILLION RUPEES

• ESSAR SHIPPING SEPT-QUARTER CONSOL TOTAL INCOME FROM OPERATIONS 2.48 BILLION RUPEES

Further company coverage: ESPL.NS

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** Shares of Indian shipping companies up 5%-20%

** Government may announce incentives and launch Maritime Development Fund (MDF) for shipping services providers and shipbuilders in July 23 budget, broadcaster CNBC Awaaz reports, citing sources

** Adds, MDF likely to receive allocation of 150 bln rupees to 200 bln rupees (1.79 bln-$2.39 bln) to help shipbuilders, like Shipping Corp SCI.NS, avail long-term loans at lower costs

** SCI and peer Shreyas Shipping SRSH.NS up 20% each; SCI at record high while SRSH eyes best day since May 2023

** Garden Reach Shipbuilders GRSE.NS, Cochin Shipyard COCH.NS and Mazagon Dock MAZG.NS up 5% each; Seamec SEAM.NS up 6.4% at record high

($1 = 83.5685 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

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March 28 (Reuters) - Essar Shipping Ltd ESPL.NS:

• ESSAR SHIPPING LTD - APPROVED EXTENSION OF TIMELINE FOR CONCLUDING DISINVESTMENT IN OVERSEAS DIRECT INVESTMENTS

• ESSAR SHIPPING LTD - APPROVED EXTENSION OF TIMELINE FOR CONCLUDING SALE OF SHARES OF SUBSIDIARY COMPANIES

Source text for Eikon: ID:nBSE9y4GRg

Further company coverage: ESPL.NS

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** Shares of Great Eastern Shipping GESC.NS, Essar Shipping ESPL.NS, Shipping Corp SCI.NS rise between 7%-3%; SCI and GESC hit record highs

** Companies have started diverting ships away from Red Sea due to attacks from Yemen's Iran-backed Houthi militants

** French shipping group CMA CGM, Oil major BP BP.L, Norwegian oil and gas firm Equinor are among cos who paused shipping via Red Sea

** Expect an uptick in demand for cargoes and containers in India as shippers strive to mitigate impact of this situation - Christian Roeloffs, CEO of Container xChange

** India exports petroleum products, chemicals, pharmaceuticals, engineering goods and textiles and apparels through the Red Sea - Roeloffs

** Port operators JSW Infrastructure JSWN.NS and Adani Ports APSE.NS were down 2.2% and 1.2%, respectively

(Reporting by Sethuraman NR in Bengaluru)

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Dec 13 (Reuters) - Essar Shipping Ltd ESPL.NS:

• TO ISSUE AND ALLOT 32 MILLION 1% NON CONVERTIBLE DEBENTURES THROUGH PRIVATE PLACEMENT

• TO ISSUE AND ALLOT BY CONVERTING UNSECURED LOAN INTO NCDS

Source text for Eikon: ID:nBSE1mX84s

Further company coverage: ESPL.NS

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Dec 8 (Reuters) - Essar Shipping Ltd ESPL.NS:

• TO ISSUE OF NON-CONVERTIBLE DEBENTURES THROUGH PRIVATE PLACEMENT

• TO CONSIDER ISSUE OF 1% 32 MILLION NON-CONVERTIBLE DEBENTURES OF 100 RUPEES EACH

Source text for Eikon: ID:nBSE8RtMN7

Further company coverage: ESPL.NS

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Aug 22 (Reuters) - Essar Shipping Ltd ESPL.NS:

• TO CONSIDER RAISING FUNDS

Source text for Eikon: ID:nBSE3Wck92

Further company coverage: ESPL.NS

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** Shares of integrated logistics services provider Essar Shipping ESPL.NS rise as much as 4.72% to 12.20 rupees

** Stock set to rise for a second consecutive session, if gains hold

** ESPL says approved divestment of Overseas Direct Investment and sale of shares in 3 units nFWN39X0K9

** More than 161,000 shares change hands by 10:23 a.m. IST, 1x the 30-day avg

** Stock up 18.9% this year, as of last close

(Reporting by Anisha Ajith in Bengaluru)

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Aug 16 (Reuters) - Essar Shipping Ltd ESPL.NS:

• 
  

• ESSAR SHIPPING LTD - APPROVED DISINVESTMENT IN OVERSEAS DIRECT INVESTMENTS, SALE OF SHARES OF 3 UNITS

Source text for Eikon: ID:nBSE6m3lwD

Further company coverage: ESPL.NS

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