Shipping Corporation Of India Limited
Shipping Corporation of India is engaged involved in business of transporting goods and passengers.
What Shipping files
- Others120
- Important28
- Updates16
- Board Meeting13
- Dividend/Bonus8
- Investor Meet6
SCI faces fines totaling over ₹0.10 Cr from NSE and BSE for non-compliance with board composition. The board noted the issue, stating the Ministry appoints directors, and is seeking fine waivers from exchanges.
Company to hold its 76th AGM on September 23. A final dividend of Re.1 per equity share (10%) has been declared. Record date for dividend eligibility is September 04.
SCI's Board addressed fines totaling Rs 10.86 lakh from NSE & BSE due to board composition non-compliance. Citing dependence on the administrative ministry for director appointments, the company has formally requested a waiver of these fines.
The Board approved financial results for the quarter and financial year. A ₹1/share dividend (10%) was declared for shareholder approval, costing ~₹46.58 Cr. Strategic disinvestment remains ongoing. Geopolitical issues affecting 4 vessels are not expected to materially impact financials. Other income included ₹85.75 Cr/₹169.12 Cr from tax refunds for the...
SCI was fined Rs. 756,380 by NSE for non-compliance with board composition, particularly lacking independent directors. The company's board has noted this ongoing issue, awaiting appointments from the Ministry. SCI is seeking a waiver for the levied fine.