Shipping Corporation Of India Limited has informed the Exchange about change in Management
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Shipping Corporation of India has informed the stock exchanges that Shri G. Vinod, General Manager I/c (Liner & Passenger Services), has ceased to be part of the Senior Management Personnel of the Company. This change is due to his attaining the age of superannuation (retirement) on 30th April 2025, with the cessation taking effect from 1st May 2025. The disclosure is made under Regulation 30 of the SEBI Listing Regulations. This is a routine retirement event and is part of the natural succession process in a public sector undertaking.
No material impact on shareholders — this is a routine superannuation (retirement) of a senior management official. The role is expected to be filled internally as is standard in government-owned companies, and the change is unlikely to affect the company's operations or stock price.