Shipping Corporation Of India Limited: Three Independent Directors' Tenure Concludes
The Shipping Corporation Of India Limited, a Government of India Enterprise, confirmed the completion of the one-year tenure for three Non-Official Independent Directors on April 10, 2026.The tenure completion for the three Non-Official Independent Directors was noted subsequent to the initial disclosure made on April 15, 2025, and following approval from the Appointments Committee of the Cabinet. This was based on recommendations dated March 12, 2025, submitted by the Search Committee for the proposal of the Ministry of Ports, Shipping and Waterways.
The directors whose tenures concluded are:
- Shri. Satish Kumar Chawla (DIN: 09400987)
- Dr. Priya Sheel Hada (DIN: 09461439)
- Shri Gulabbhai Rohit (DIN: 08916645)
The details regarding the cessation of these Non-Official Independent Directors are summarized below.
| Particulars | Details |
|---|---|
| Name of Directors | Shri. Satish Kumar Chawla |
| Name of Directors | Shri. Gulabbhai Lakhubhai Rohit |
| Name of Directors | Dr. Priya Sheel Hada |
| Reason for change | Cessation - Due to completion of tenure of 1 year, pursuant to approval of Appointments Committee of the Cabinet based on the recommendations dated 12.03.2025 of the Search Committee, for the proposal of the Ministry of Ports, Shipping and Waterways. |
| Date of cessation | 10 th April, 2026 |
The event of the cessation of the directors occurred on April 10, 2026, at 1715 hours.
Shipping Corporation Of India Limited operates as a Navratna Company and maintains registrations including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
SCI Stock Price Movement
Today, Shipping Corporation Of India Limited shares edged higher to close at ₹243.91, marking a 2.11% advance for the session. The stock experienced significant trading activity, with 4.43 million shares turning over during the day's session.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.