Aegis Investment Fund PCC bought 12,71,187 shares of Sadhav Shipping for ₹14.35 Cr at ₹112.90 apiece. This acquisition increased their stake from 0.00% to 7.88%.
A shipping company that owns and operates barges, tugs, and vessels for cargo transport along Indian waterways and coastal routes. Beyond its own fleet operations, the company provides comprehensive ship management services for other vessel owners, handling technical, operational, and administrative responsibilities. Established in 1996, it serves domestic maritime trade with a focus on inland and coastal shipping operations across India's major shipping corridors and trade routes.
Aegis Investment Fund PCC is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has backed offerings across sectors such as drones, information technology, and media.