SCINSEShipping Corporation Of India Limited· ShippingHighPositive
Announced Fri, 7 Nov · 19:56 IST

Shipping Corporation Of India Limited has informed the Exchange that Board of Directors at its meeting held on November 07, 2025, declared Interim Dividend of Rs 3 per equity share of face value of Rs 10 each

Corporate Actions View source PDF

SCI · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Shipping Corporation of India Limited (SCI), at its meeting on November 7, 2025, declared an interim dividend of Rs 3 per equity share on a face value of Rs 10 each. This translates to a 30% dividend on the face value of the stock. SCI is a public-sector shipping company under the Government of India. The record date and payment timeline are typically announced separately by the company.

Likely market impact

Shareholders holding SCI shares as of the record date will receive a Rs 3 per share interim dividend, providing a cash income return. The announcement may provide short-term support to the stock price as the dividend yield is meaningful relative to the face value.