SCINSEShipping Corporation Of India Limited· ShippingMediumNeutral
Announced Wed, 16 Apr · 19:43 IST

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

Management Changes View source PDF

SCI · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shipping Corporation of India (SCI), a PSU, has informed the stock exchanges about the appointment of three Non-Official Independent Directors on its board. The appointments were approved by the Appointments Committee of the Cabinet, with the original approval disclosed on 15.04.2025. The new directors are: Shri Gulabbhai Rohit (Income Tax Practitioner with 27 years of experience in accounting, auditing, and taxation), Shri Satish Kumar Chawla (retired General Manager of Punjab National Bank with 41 years of banking experience), and Dr. Priya Sheel Hada (medical professional and former Independent Director at National Divyangjan Finance and Development Corporation). None of the new directors are related to existing board members, and none are debarred by SEBI from holding directorship.

Likely market impact

This is a routine government-directed board reconstitution at SCI with no operational or financial implications for shareholders. The appointments bring in diverse expertise (tax, banking, and medical) but are non-executive Independent Director roles.