Shipping Corporation Of India Land And Assets Limited has informed the Exchange regarding Change in Director(s) of the company.
SCILAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.3 pts less than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Ministry of Ports, Shipping and Waterways has approved the extension of Capt. B.K. Tyagi's additional charge as Chairman and Managing Director (CMD) of SCILAL for a further six months, from 1 January 2026 to 30 June 2026, or until further orders. Capt. Tyagi already serves as CMD of SCI and holds charges at Inland & Coastal Shipping Ltd and SCI Bharat IFSC Ltd, so this is a continuation, not a new appointment. His brief profile confirms he has over 35 years of shipping experience and is not related to any existing director or debarred by SEBI.
No leadership change for shareholders — continuity at the top is maintained, which removes any near-term uncertainty around the CMD role at SCILAL.