Sadhav Shipping Limited — Others, 19-02-2025: Corrigendum

Sadhav Shipping Ltd. has provided a corrigendum regarding a clerical error in its previous communication, correcting the date of the intimation letter from 19/01/2025 to 19/02/2025. The company also announced receipt of a letter of acceptance for a contract with Paradip Port Authority to provide a mooring launch on a time charter basis for a tenure of 7 years, valued at ₹7.75 crore (cr).

This update reinforces Sadhav's operational capacity and expected revenue stream, positively influencing investor sentiment by showcasing contract acquisition in a competitive environment. The announcement indicates a focused strategy on enhancing service offerings in the maritime sector.