Shipping Corporation Of India Limited (SCI) — Board Meeting Announcement

· NSE 🟡 Notable Neutral
📢 Key Event
Board approved audited financial results and recommended a Re. 1 per share dividend payable after AGM approval.
🔄 What Changed
Approved audited standalone and consolidated results for Q4 FY2026; recommended dividend of Re. 1/share; confirmed unmodified auditor's opinion.
🔮 What's Next
Dividend payment within 30 days of AGM approval; AGM to be convened for shareholder ratification.
💡 Investor Takeaway
The dividend proposal offers a yield of approximately 1% on face value, subject to shareholder approval, signaling confidence in financial stability.

The Board of Shipping Corporation of India approved the audited standalone and consolidated financial results for the quarter and year ended 31.03.2026, recommending a Re. 1 per share dividend (10% of face value) subject to shareholder approval at the upcoming AGM, with payment within 30 days of approval. The unmodified audit report confirmed no material impact from geopolitical risks, disinvestment processes, or tax reconciliations, and compliance with SEBI regulations. Segment revenue totaled **₹13,3107 crores**, with profit before tax at **₹82,245 crores** and basic EPS of **[amount context mismatch]**.

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About Shipping Corporation Of India Limited (SCI)

Services · Transport Services · Listed on NSE

Market Cap: ₹15,436.58 Cr P/E: 16.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.