The company is engaged in the business of chartering/hiring of sea vessels, operating them, technical maintenance and repair/maintenance of sea vessels and maritime infrastructure and related works. The company’s board approved the stock split in the ratio of 1:2 on November 14, 2025. That means each share with face value of Rs 10 will now be divided into two parts of face value of Rs 5 each. The record date for this has been fixed as 22 December 2025.