Seacoast Shipping Services Ltd share Price

Seacoast Shipping Services Limited (Previously Known as Mahaan lmpex Limited) was incorporated in October 15, 1982. The company offer logistics and specialized project transportation services. The project transportation services involve logistics of Over Dimensional/Over Weight Consignments where also several new operators have started offering the same services, thereby increasing competition. The business of transportation is in the hands of operators both in organized as well as in unorganized sector. A large portion of transportation business is undertaken conventionally by operators in unorganized sector. The Company being an operator in organized sector has to compete with operators in unorganized sector. The Company has proven capabilities and competency to offer domestic and International Surface transportation, complex logistics solutions for Over Dimensional Consignments by multi modal routes and international freight forwarding services to its customers. The Company is also providing innovative logistics solutions to customers with value addition in its services. During the financial year 2020-21, the company took over the business of Seacoast Shipping and Marine Services - Prop. Manish Raichand Shah - HUF. As per the said business takeover agreement, it had been mutually agreed between both the parties that the transferor i.e. Seacoast Shipping and Marine Services - Prop. Manish Raichand Shah - HUF will undertake all the transactions on behalf of the company till the end of transition period as defined in the agreement.