SCINSEShipping Corporation Of India Limited· ShippingMediumNeutral
Announced Tue, 29 Jul · 19:47 IST

Shipping Corporation Of India Limited has informed the Exchange regarding Appointment of Mr Venkatesapathy S as Government Nominee Director of the company w.e.f. July 28, 2025.

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SCI · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shipping Corporation of India Limited (SCI) has informed the stock exchanges about the appointment of Shri Venkatesapathy S as a Government Nominee Director on its board, effective from July 28, 2025. He is an IAS officer from the 2009 batch (Kerala cadre) and currently serves as Joint Secretary (Shipping) in the Ministry of Ports, Shipping and Waterways (MoPSW). He has previously served as Managing Director of Kerala Water Authority before moving to the Ministry of Shipping on deputation. His DIN is 07407879, he is not related to any existing director, and has not been debarred from holding directorship by SEBI or any other authority.

Likely market impact

This is a routine government nominee director appointment typical for public sector companies and is unlikely to have any material impact on the stock price or shareholder value. It reflects the government's continued oversight of SCI as a public sector undertaking.