SCINSEShipping Corporation Of India Limited· ShippingMediumNeutral
Announced Thu, 22 May · 17:23 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Appointments Committee of the Cabinet (ACC) has approved an ex-post facto extension of the additional charge of the Director (Finance) post at Shipping Corporation of India (SCI) to Shri Atul Ubale, who is currently serving as Director (Bulk Carriers & Tankers). The extension covers the period from 07.03.2025 to 30.06.2025, or until a regular incumbent assumes charge, or until further orders — whichever is earliest. The intimation is being made under SEBI Listing Regulations and follows a prior disclosure dated 17.03.2025. There is no change in the person holding the additional charge; it is merely a continuation of the existing arrangement.

Likely market impact

This is a routine administrative extension and not a fresh appointment or resignation. Shareholders should note that the Director (Finance) position remains filled on an additional/temporary charge basis, meaning a permanent appointment is still pending. The arrangement is short-term and unlikely to materially affect the stock price, though prolonged absence of a full-time Director (Finance) could be a minor governance watch-item.