Shipping Corporation Of India Limited has informed the Exchange about intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Management Changes View source PDF Explain this filing

SCI · price

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

Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹218.40

prior close

₹219.30

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%-0.3% vs market

Shipping peers, median of 7sector-1.0%+0.4% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Smallcap 250 and 0.4 pts more than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.7

10m

+0.3

15m

+0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.3-0.3-1.0+0.4

Next day

+2.7-0.2+2.9+0.3+2.4

+1.9-0.9+2.8-1.5+3.4

+0.1-2.9+3.0-3.4+3.5

-1.9-4.1+2.1-4.1+2.1

-1.6-3.2+1.6-3.4+1.8

-0.9-4.2+3.2-5.2+4.2

15d

-6.4-7.1+0.7-6.1-0.3

-1.0-4.7+3.7-8.6+7.6

+3.2-3.0+6.2-4.0+7.2

+13.5-3.6+17.1-10.2+23.7

UpDownMarket · Nifty Smallcap 250Sector · Shipping peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Appointments Committee of the Cabinet (ACC) has approved the premature termination of Shri C.I. Acharya from the post of Director (Finance) at Shipping Corporation of India Limited. This termination is effective from the date of his dismissal, i.e., 5th May 2025. The intimation is a continuation of SCI's earlier disclosure dated 5th May 2025 regarding his dismissal. The approval was conveyed by the Ministry of Ports, Shipping and Waterways via letter dated 21st July 2025.

Likely market impact

This formalizes the earlier dismissal of the Director (Finance), removing lingering uncertainty about his position. The event itself was already known to the market, so the impact on share price is likely minimal, though it reinforces governance discipline at the PSU.