Transaction Advisor Selection for RBSA Advisors by Shipping Corp. of India

New Delhi, India (7 December 2019)

Valuation Research Group (VRG), a leading global provider of independent valuation, advisory and value-related services is pleased to announce our member firm, RBSA Advisors in India, has been selected as the Transaction Advisor for the privatisation of Shipping Corporation of India. With consolidated revenue of more than Rs 4,000 crore and a balance sheet size in excess of Rs 14,000 core, SCI is one of India’s largest shipping companies in terms of Indian-flagged tonnage, as reported in the Business Standard.

About VRG

Valuation Research Group (VRG) is a global valuation practice that furnishes expert and independent opinions of value for solvency, fairness, business enterprises, intangible assets, capital stock, equity interests, real estate and fixed assets. VRG has a network of over 1,300 professionals located in offices throughout continental Europe and the United Kingdom, Brazil, China, India, Mexico, Canada, Argentina, Australia, and the United States. The India practice operates as RBSA Advisors.