Announced Tue, 5 May · 17:13 IST

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Changes View source PDF

SCI · price

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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹319.00
prior close
₹322.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.2-1.1-1.5-0.1+6.3+7.2+2.8+4.2+4.4-4.7-8.1-7.9
Up moveDown movePending
AI summary

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Shri Chandran Durai Daniel, currently General Manager at SCI, as Director (Bulk Carriers & Tankers) on the Board. He assumed charge on 05.05.2026 at 1230 hours. Daniel is an internal candidate who joined SCI in 1989 as a Trainee Nautical Officer and has spent approximately 36 years in the company, progressing through various senior roles across shore and sea assignments. He is not related to any existing Director and is not debarred from holding the director position. With this appointment, Rear Admiral Jaswinder Singh has ceased to hold the additional charge of Director (Bulk Carriers & Tankers) from the same date and time.

Likely market impact

This is a routine board-level appointment replacing an additional charge arrangement. The company gains a full-time Director for the Bulk Carriers & Tankers division with extensive internal experience. No immediate material impact on shareholders expected.