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

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

-0.1%1-day move

₹319.00

prior close

₹322.00

base price

After-mkt

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-1.1-1.2-1.1-1.5-0.1+6.3+7.2+2.8+4.2+4.4-4.7-8.1-7.9—

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AI summary

Shipping Corporation of India has announced the appointment of Capt. Chandran Durai Daniel as Director (Bulk Carriers & Tankers) effective 05.05.2026. He previously served as General Manager at SCI and has approximately 36 years of maritime experience, joining the company in 1989 as a Trainee Nautical Officer. The appointment was approved by the Appointments Committee of the Cabinet (ACC) vide order dated 04.05.2026. He will hold the position until his superannuation on 31.07.2027 or until further orders. Upon this appointment, Rear Admiral Jaswinder Singh (Director L&PS) has ceased to hold the additional charge of Director (Bulk Carriers & Tankers) from the same date and time.

Likely market impact

The appointment brings in an experienced internal candidate to head the Bulk Carriers & Tankers division, providing continuity and operational expertise. The ceasing of additional charge for Rear Admiral Jaswinder Singh is a routine administrative adjustment following the dedicated appointment.