Shipping Corporation Of India Land And Assets Limited has informed the Exchange regarding Change in Director(s) of the company.
SCILAL · price
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Shipping Corporation of India Land and Assets Limited (SCILAL) has informed the exchanges that Capt. B.K. Tyagi, the company's existing Chairman and Managing Director (CMD), has been given the additional charge of Director (Operations) on SCILAL's board. The appointment was approved by the Ministry of Ports, Shipping and Waterways and is effective for three months, from 01.05.2025 to 31.07.2025, or until further orders, whichever is earlier, and is subject to ACC approval. Capt. Tyagi also currently serves as CMD of parent company SCI and holds additional charge of Director (P&A) at SCI. The filing confirms he is not related to any existing director and is not debarred by SEBI from holding the directorship.
This is a routine, temporary internal board arrangement with no material impact on shareholders or operations — the existing CMD is simply taking on an additional directorship role for 3 months. No new external appointment, no resignation, and no change in overall leadership control of the company.