In a BSE filing, the firm said its Board in a meeting today approved the constitution of a Reorganisation Committee to "explore and evaluate various options for restructuring of the company and its direct and indirect wholly owned subsidiaries".
The subsidiaries are JITF Infralogistics, JITF Waterways and JITF Shipyards, it added.
The firm said it is undertaking the exercise "...So as to achieve optimum utilisation of capabilities and bring about dedicated management focus and business strategies," the filing said.
Shares of the company today rose by 0.62 per cent to settle at Rs 64.95 apiece on BSE.
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