Shipping Corporation Of India Land And Assets Limited has informed the Exchange about General Updates

Management Changes View source PDF Explain this filing

SCILAL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.1%Reaction day

₹53.79

prior close

₹55.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.4% vs market

Investment Company peers, median of 59sector+0.0%-1.1% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 1.1 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+5.1

10m

+4.9

15m

+3.3

30m

+3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1+0.3-1.4+0.0-1.1

Next day

-0.8-0.2-0.5+0.0-0.8

-0.6-0.4-0.2-0.2-0.4

-2.5-0.4-2.1-0.4-2.1

-2.2-0.7-1.5+0.1-2.3

-2.6-1.0-1.7-0.3-2.3

-5.6-4.0-1.6-2.1-3.5

15d

-9.0-5.7-3.3-4.3-4.8

-7.1-5.0-2.2-4.0-3.1

-4.3-1.8-2.5-1.6-2.7

-8.0-5.3-2.7-3.1-4.9

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Ministry of Ports, Shipping and Waterways communicated approvals from the Appointments Committee of the Cabinet. Capt. B.K. Tyagi, currently CMD of Shipping Corporation of India (SCI), received ex-post facto approval for holding additional charge as CMD of SCILAL from 25.01.2024 to 31.12.2025 or until a regular appointee takes over. Shri Manjit Singh Saini, Director (Personnel & Administration) at SCI, had his additional charge as Director (Operations) of SCILAL regularized for the period 25.01.2024 to 31.01.2025. Saini superannuated from SCI on 31.01.2025 and consequently ceased to be a Director on SCILAL's board from 01.02.2025.

Likely market impact

This is largely a procedural disclosure confirming previously held board arrangements. Shareholders should note that SCILAL continues to be led by an interim CMD from SCI, and a Director position remains vacant pending a regular appointment by the government.