Shipping Corporation Of India Limited (SCI) — Board Meeting Announcement
📢 Key Event
Board reviewed SEBI Listing Regulation non-compliance for Q3 FY2025-26, noting two fines totaling **₹5.43 crores** (including **₹82,800** GST) levied by NSE and BSE for delayed disclosures.
🔄 What Changed
Board acknowledged non-compliance and ongoing efforts to appoint Independent Directors, including a woman director, pending Ministry approval.
🔮 What's Next
Board will submit waiver requests via NEAPS portal and ensure compliance before filing.
💡 Investor Takeaway
This highlights governance risks and potential delays in board composition changes due to government approval processes.
The Board of Shipping Corporation of India Limited reviewed SEBI Listing Regulation non-compliance for Q3 FY2025-26, noting two fines totaling [amount not verified] (including **₹82,800** GST) levied by NSE and BSE for delayed disclosures. The Board acknowledged receipt of waiver request letters dated 05.03.2026 and confirmed ongoing efforts to appoint Independent Directors, including a woman director, pending Ministry approval.
📄 View Original Announcement (PDF)
About Shipping Corporation Of India Limited (SCI)
Services · Transport Services · Listed on NSE
Market Cap: ₹15,436.58 Cr
P/E: 16.0
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.