Shipping Corporation Of India Limited (SCI) — Corporate Action Announcement

· NSE 🔴 High Importance Neutral
📢 Key Event
Board approves ₹1 dividend per share, subject to AGM approval, with payment within 30 days.
🔄 What Changed
Dividend of ₹1 per share declared for FY2026, payable within 30 days of AGM approval.
🔮 What's Next
Payment of dividend within 30 days of AGM approval.
💡 Investor Takeaway
Shareholders will receive ₹1 per share dividend if approved at the AGM, with payment due within 30 days of approval.

The Board of Shipping Corporation of India Limited approved a dividend of Re. 1 per share (10% of face value) for the year ended March 31, 2026, subject to shareholder approval at the upcoming AGM, with payment to be made within 30 days of approval. The audited standalone and consolidated financial results for FY2026 were presented with an unmodified auditor's opinion, confirming compliance with SEBI Listing Regulations. The auditor highlighted no material impact from geopolitical tensions or ongoing disinvestment processes, though noted material uncertainty related to going concern disclosures in key notes. The filing, dated May 8, 2026, includes detailed segment performance, balance sheet items, and regulatory compliance under Regulation 30 and 33.

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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.