SCINSEShipping Corporation Of India Limited· ShippingMediumNeutral
Announced Fri, 10 Apr · 17:37 IST

Shipping Corporation Of India Limited has informed the Exchange regarding Cessation of Mr Priya Sheel Hada as Non- Executive Independent Director of the company.

Multiple Ind Directors ResignedManagement Changes View source PDF

SCI · price

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▲ 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
+3.7%1-day move
₹243.91
prior close
₹237.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.6+0.8+0.6+3.7+20.1+25.5+22.0+23.1+20.2+28.9+36.3+26.9+17.7
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AI summary

Shipping Corporation of India has informed stock exchanges that three Non-Official Independent Directors — Shri Satish Kumar Chawla, Dr Priya Sheel Hada, and Shri Gulabbhai Lakhubhai Rohit — ceased to be on the Board with effect from 10th April 2026, upon completion of their one-year tenure. The directors were appointed on 11th April 2025 following approvals from the Appointments Committee of the Cabinet, based on recommendations of a Search Committee under the Ministry of Ports, Shipping and Waterways. The filing has been made under SEBI Listing Regulations, and the Company Secretary has submitted the requisite details to both BSE and NSE.

Likely market impact

Three of SCI's independent director positions are now vacant, which may raise short-term governance concerns until replacements are appointed. Shareholders should watch for further updates on new independent director appointments from the Ministry of Ports, Shipping and Waterways.