Sadhav Shipping Limited — Important, 28-03-2025: General Updates

Sadhav Shipping Ltd. has announced a board meeting to discuss the completion of the reactivation and dry-docking of the vessel "AHTS Aditri," which has successfully undergone tests and inspections in Lagos, Nigeria. The vessel, an Anchor Handling Tug cum Supply Vessel built in 2006, is set to commence operations after signing a charter with TPE OIL AND GAS AND MARINE SERVICES LTD. This development is expected to enhance Sadhav's operational capacity in the Nigerian market, potentially leading to increased revenue streams. Investor sentiment may tilt positively due to the strategic expansion into international waters, posing new growth opportunities for the company.