Shipping Corporation Of India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
SCI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shipping Corporation of India has submitted to the exchanges a disclosure under Regulation 31 of SEBI's Substantial Acquisition of Shares and Takeovers Regulations for the financial year ended 31 March 2025. The declaration was made by the promoter, the Ministry of Shipping, Government of India, along with persons acting in concert. The promoter has confirmed that no encumbrance (pledge, lien, or charge) was created, directly or indirectly, on the equity shares of the company during FY 2024-25. This is a routine annual compliance filing required from promoters.
This is a neutral, routine compliance filing. No new pledge or change in promoter shareholding has occurred, meaning there is no immediate concern for shareholders regarding the government's stake being encumbered.