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Shipping Corporation of India is engaged involved in business of transporting goods and passengers.
Company issued its FY2025-26 Annual Report and 76th AGM notice, with the AGM scheduled via VC/OAVM. Shareholders are encouraged to update their email addresses and KYC details to ensure smooth communication for future updates.
SCI was fined Rs. 0.26 Cr by stock exchanges for past board and committee non-compliance. A new independent director was appointed, bringing Stakeholders Relationship and Risk Management Committees, plus the woman director requirement, into compliance. Full compliance for other committees awaits further director appointments.
SCI announced the appointment of Smt. Bharati Raman Gotarna as a Non-official (Independent) Director to its Board. This governance update sees her join for a 3-year term, effective upon obtaining her Director Identification Number.
SCI extended the time charter for its 9034 TEU container ship, m.v. SCI Delhi, for a further seven years. This ensures continued asset utilization and a stable revenue stream for the company.
SCI urges physical shareholders to update KYC (PAN, bank, contact, signature) for continued services. Non-compliance will block electronic payments like dividends and restrict service requests, impacting their ability to access funds.