Sadhav Shipping Limited Secures Contract from Defence Company
Mumbai, March 25, 2026 – Sadhav Shipping Limited (SSL), a maritime services company, announced it has secured a purchase order from a leading private defence company in India. The order, received on March 18, 2026, and countersigned on March 23, 2026, is valued at Rs. 6.32 Crore.The contract involves providing offshore vessel support services in the domestic market, including chartering of vessels and value-added services to support offshore operations. The project is scheduled for execution until June 30, 2026.
According to Vedant K. Choudhury, CEO of Sadhav Shipping Limited, "This order reinforces our capabilities in delivering reliable and efficient offshore vessel services.” He added that the engagement reflects the company's trust for critical marine operations.
The contract aligns with SSL’s strategic focus on expanding its offshore services portfolio and strengthening its position in specialized marine operations. The transaction is not classified as a related party transaction.
Sadhav Shipping Limited, incorporated in 1996 and listed on NSE Emerge, provides offshore logistics, port services, oil spill response, and specialized marine solutions.
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