Shipping Corporation Of India Limited has informed the Exchange regarding Change in Director(s) of the company.

Director Flagged GovernanceManagement Changes View source PDF

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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

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+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—

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AI summary

The Ministry of Ports, Shipping and Waterways has approved Rear Admiral Jaswinder Singh, currently Director (L&PS), to additionally hold charge of the Director (T&OS) position at Shipping Corporation of India. This additional charge is for three months from 01.06.2026 to 31.08.2026, or until a regular incumbent is appointed, whichever is earlier. Rear Admiral Jaswinder Singh is already serving as Director of Liner and Passenger Services and has over three and half decades of distinguished service in the Indian Navy. He is not related to any Director of the Company and is not debarred from holding the office.

Likely market impact

This is a routine internal arrangement where an existing board member temporarily assumes additional responsibilities. It should have minimal direct impact on shareholders as it does not involve any change in control or strategic direction.