Announced Thu, 21 May · 18:48 IST

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

Management Changes View source PDF

SCI · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
-7.3%1-day move
₹326.80
prior close
₹327.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.9+1.1+1.1-7.3-6.1-7.0-10.0-12.2-7.1-5.3-1.5-18.1
Up moveDown movePending
AI summary

The Ministry of Ports, Shipping and Waterways has approved the entrustment of additional charge of Director (T&OS) to Rear Admiral Jaswinder Singh, who currently serves as Director (L&PS) at SCI. This additional responsibility will be effective from June 1, 2026 to August 31, 2026, or until a regular incumbent is appointed, whichever is earlier. Rear Admiral Jaswinder Singh is not related to any Director of the Company and meets all eligibility criteria. He has over three and a half decades of distinguished service in the Indian Navy, including roles as Chief of Staff of Southern Naval Command and various leadership positions.

Likely market impact

This is a routine internal arrangement where an existing Director takes on additional responsibilities temporarily. It may indicate a vacancy or transition in the Director (T&OS) position but does not directly impact shareholders as it involves an internal personnel reassignment.