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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Awaiting price reaction for this filing.
Capt. B.K. Tyagi has ceased to hold the position of Director (Operations) on the board of Shipping Corporation of India Land and Assets Limited (SCILAL) with effect from May 1, 2025. He was holding this post as an additional charge while serving as Director (Personnel & Administration) at the parent company, Shipping Corporation of India (SCI). His exit follows the completion of his tenure on the SCI board on April 30, 2025. The appointment was originally made by the Ministry of Ports, Shipping and Waterways via an order dated January 16, 2025, with a corrigendum on February 24, 2025 re-designating his role at SCILAL as Director (Operations).
This is a routine, government-directed change linked to tenure completion at the parent SCI and is unlikely to materially affect operations or shareholder value. Investors may want to watch for communication on who replaces Capt. Tyagi on the SCILAL board.