Shipping Corporation Of India Land And Assets Limited has informed the Exchange regarding Appointment of Mr Venkatesapathy S as Government Nominee Director of the company w.e.f. July 28, 2025.
SCILAL · price
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Shipping Corporation of India Land and Assets Limited (SCILAL) has appointed Mr. Venkatesapathy S. as a Government Nominee Director on its board, effective July 28, 2025. He is an IAS officer from the 2009 batch (Kerala cadre) and currently serves as Joint Secretary (Shipping) in the Ministry of Ports, Shipping and Waterways. He previously headed the Kerala Water Authority before moving to the Shipping Ministry on deputation. The disclosure confirms he is not related to any existing director and is not debarred by SEBI or any authority from holding the position.
This is a routine government-nominated directorship and is not expected to have a material impact on the stock price or business operations. It reflects the government's continued oversight of the company as a public sector entity.