SCI appoints Nitin Khamesra as Director (Finance)
SCI · price
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On the reaction day the stock moved 1.6 pts less than Nifty Smallcap 250 and 1.7 pts more than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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India's Appointments Committee of the Cabinet has approved Nitin Khamesra, currently Chief General Manager at Indian Oil Corporation, as Director (Finance) of Shipping Corporation of India. The five year appointment takes effect from the date he assumes charge. Effective date and further details will be informed later.
Senior IOCL executive named Director (Finance) via a government appointment. Fills a key board slot; neutral for shareholders.