SCINSEShipping Corporation Of India Limited· ShippingHighPositive
Announced Fri, 6 Feb · 20:28 IST

Shipping Corporation Of India Limited has informed the Exchange that Board of Directors at its meeting held on February 06, 2026, declared Second Interim Dividend of Rs. 3.5 per equity share of face value of Rs. 10 each.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Shipping Corporation Of India Limited, at its meeting held on February 06, 2026, has declared a Second Interim Dividend of Rs. 3.5 per equity share on shares having a face value of Rs. 10 each. This represents a dividend payout equivalent to 35% of the face value per share. The dividend is in addition to any first interim dividend already declared during the financial year, indicating strong cash flow generation by the company. Shareholders on the company's register as of the record date (to be announced) will be eligible to receive this dividend.

Likely market impact

Positive signal for shareholders — the substantial interim dividend reflects healthy profitability and cash generation, which may support the stock price and attract income-focused investors in the near term.