Shipping Corporation of India Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Shipping Corporation Of India Limited
Symbol
SCI
Quarter Ended
31-Mar-2026
Submission
New

General Disclosures

Advertisements As Per Regulation471
Yes
Annual Return As Provided Under Section92Of The Companies Act2013
Yes
Approval For Material Related Party Transactions
Not Applicable
Approval Of The Board And Shareholders For Compensation Or Profit Sharing
Not Applicable
Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls
Yes
Board Composition
No
Code Of Conduct
Yes
Compliance Certificate
Yes
Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation
Yes
Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46
Yes
Credit Rating Or Revision In Credit Rating Obtained
Yes
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
22-Apr-2026
Date Of Start Of Financial Year
01-Apr-2025
Designation Of Person
Company Secretary and Compliance Officer
Designation Of Person Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Annual Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Quartely Affirmations
Company Secretary and Compliance Officer
Details Of Agreements Entered Into With The Media Companies And Or Their Associates
Not Applicable
Details Of Business
Yes
Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy
Yes
Details Of Non Compliance Of Board Composition
As on 31st March 2026 there are 10 Directors on the Board of the Company which comprises of 5 Functional Directors including 1 Chairman and Managing Director 2 Non Official Part time Government Nominee Directors and 3 Independent Directors
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Notes On Affirmations Explanatory Text Block
Currently, SCI is not having any material subsidiary. The corporate governance requirements with respect to unlisted Subsidiaries have been duly complied.
Disclosure Of Notes On Annual Affirmations Explanatory Text Block
SCI is Navratna PSU hence the Company is coordinating with Competent Authority for appointment of requisite number of IDs on SCI Board and proposal for said appointment is under active consideration of Competent Authority
Disclosure Of Notes To Annexure1Explanatory Text Block
The report for previous quarter ended 31.12.2025 was placed before Board at their meeting held on 06.02.2026 On perusal of the captioned report, Board noted that SCI is a Navratna PSU hence the Company is coordinating with Competent Authority for appointment of requisite number of Independent Director(s) and a Woman Independent Director on SCI Board and proposal for said appointment(s) is under active consideration of Competent Authority. Board noted that as on 31.12.2025, there were 9 Directors on SCI Board which comprises of 4 Functional Directors including 1 CMD, 2 Non Official Part time Govt. Nominee Directors and 3 Independent Directors.
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
https://www.shipindia.com/investors/agm_new/13
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://www.shipindia.com/investors/disclosures_under_listing_regulation/12
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://www.shipindia.com/investors/disclosures_under_listing_regulation/12
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://www.shipindia.com/upload/policies/SCI_Dividend_Distribution_Policy2.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://www.shipindia.com/upload/policies/policy_for_determining_material_events.pdf
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://www.shipindia.com/page/icsl_page/icsl_financial_statement https://www.shipindia.com/page/sci_bharat_ifsc_limited/financial_statement
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://www.shipindia.com/investors/disclosures_under_listing_regulation/12
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://www.shipindia.com/page/aboutpage
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://www.shipindia.com/upload/policies/Whistle_Blower_Policy_final_approved_on_03_02_2023.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://www.shipindia.com/investors/quarterlyresults
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://www.shipindia.com/upload/policies/Policy_for_determining_material_subsidiaries.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://www.shipindia.com/upload/policies/RPT_Policy1.pdf
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://www.shipindia.com/investors/shareholding_pattern/12
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://www.shipindia.com/investors/disclosure_under_regulation
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://www.shipindia.com/investors/disclosure_under_regulation
Disclosure Web Link Of Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30Is Placed
https://www.shipindia.com/upload/investorsubpage/SEintimationsKMPcontactupdatesigned.pdf
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://www.shipindia.com/investors/disclosures_under_listing_regulation/12
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://www.shipindia.com/upload/disclousre_reg_46/MOA_and_AOA.pdf
Disclosure Web Link Of Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet Is Placed
https://www.shipindia.com/investors/disclosures_under_listing_regulation/12
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://www.shipindia.com/investors/disclosures_under_listing_regulation/12
Disclosure Web Link Of Statements Of Deviations Or Variations As Specified In Regulation32Is Placed
https://www.shipindia.com/investors/disclosures_under_listing_regulation/12
Disclosures Under Sub Regulation8Of Regulation30
Yes
Dividend Distribution Policy As Per Regulation43A1
Yes
Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021
Not Applicable
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE109A01011
Market Capitalisation As Per Immediate Previous Financial Year
Top 1000 listed entities
Materiality Policy As Per Sub Regulation4Regulation30
Yes
Memorandum Of Association And Articles Of Association
Yes
Minimum Information
Yes
MSEI Symbol
NOTLISTED
Name Of Signatory
Swapnita Vikas Yadav
Name Of Signatory Affirmations
Swapnita Vikas Yadav
Name Of Signatory For Annual Affirmations
Swapnita Vikas Yadav
Name Of Signatory For Quartely Affirmations
Swapnita Vikas Yadav
Name Of The Company
SHIPPING CORPORATION OF INDIA LIMITED
New Name And The Old Name Of The Listed Entity
Not Applicable
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Yes
Place
Mumbai
Plans For Orderly Succession For Appointments
Yes
Policy For Determining Material Subsidiaries
Yes
Policy For Related Party Transaction
Yes
Policy On Dealing With Related Party Transactions
Yes
Reason For Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity
As per note 1 of Annexure 1 (Part F) of SEBI Circular dated 31 December 2024 any loan (or other form of debt), guarantees/comfort letters (by whatever name called) or security provided in connection with any loan or any other form of debt by the Company to/for its Subsidiary and Joint Venture Company whose accounts are consolidated with the Company are excluded
Recommendation Of Board
Yes
Reporting Quarter
Yearly
Review Of Compliance Reports
Yes
Risk Assessment And Management
Yes
Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet
Yes
SCORES Registration ID
s00232
Scrip Code
523598
Secretarial Compliance Report
Yes
Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity
Yes
Shareholding Pattern
Yes
Statements Of Deviations Or Variations As Specified In Regulation32
Yes
Symbol
SCI
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Yes
Type Of Company
Equity
Type Of Submission
Original
Vacancies In Respect Key Managerial Personnel
Yes
Vigil Mechanism
Yes
Whether As Per Sub Regulation2ba Of Regulation27Of SEBILODR There Has Been Cyber Security Incidents During The Quarter
No
Whether Part A Of Annexure I Of The SEBI Circular Dated31December2024Related To Compliance Report On Corporate Governance Is Applicable To The Entity
Yes
Whether Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Applicable To The Entity
No

Additional Disclosures

Entry D_MeetingBOD1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD4
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD5
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit4
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit5
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit6
Whether Requirement Of Quorum Met
Yes
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Board Composition — Entity Disclosures

Disclosure Of Notes On Composition Of Board Of Directors Explanatory Text Block
Binesh Kumar Tyagi is Director wef 07Jan21 and is CMD wef 03Sept22 Jaswinder Singh holds additional charge of D BCnT wef 1July25 In terms of MoPSW letter dt 23Feb26 Mukesh Mangal was appointed as Government Nominee Director in place of Raju Lakshmanan wef 23Feb26 Consequently Raju Lakshmanan ceased to be a part from Board of SCI wef 23Feb26 The first term of three year of Gulabbhai Rohit as independent director completed wef 22Nov24 subsequent to which competent authority re-appointed him on the Board wef 11Apr25.
The Composition Of Board Of Directors Is In Terms Of Sebi Regulations2015
No
Chairperson Related to MD / CEO
No
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionInitial AppointmentRe-appointmentCessationTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrBinesh Kumar Tyagi******08966904Executive DirectorChairpersonMD04-Nov-1970NoActiveNot Applicable07-Jan-202103-Sep-20222020
2MrVikram Dingley******09515547Executive DirectorNot Applicable13-May-1966NoActiveNot Applicable19-May-20221010
3MrJaswinder Singh******10104264Executive DirectorNot Applicable15-Sep-1968NoActiveNot Applicable29-Dec-20231020
4MrSom Raj******11046394Executive DirectorNot Applicable12-Jun-1967NoActiveNot Applicable15-Jul-20251000
5MrNitin Khamesra******09595247Executive DirectorNot Applicable20-Jul-1975NoActiveNot Applicable23-Feb-20262020
6MrRajesh Kumar Sinha******05351383Non-Executive - Nominee DirectorNot Applicable27-Mar-1966NoActiveNot Applicable10-Nov-20221000
7MrRaju Lakshmanan******06908182Non-Executive - Nominee DirectorNot Applicable23-Jul-1980NoActiveNot Applicable13-Jun-202404-Nov-202523-Feb-20260000
8MrMukesh Mangal******10460089Non-Executive - Nominee DirectorNot Applicable06-Nov-1968NoActiveNot Applicable23-Feb-20261000
9MrGulabbhai Lakhubhai Rohit******08916645Non-Executive - Independent DirectorNot Applicable04-May-1969NoActiveNot Applicable22-Nov-202111-Apr-202547.21111
10MrPriya Sheel Hada******09461439Non-Executive - Independent DirectorNot Applicable07-Jun-1965NoActiveNot Applicable11-Apr-202511-Apr-202502-Nov-20261121
11MrSatish Kumar Chawla******09400987Non-Executive - Independent DirectorNot Applicable04-Jan-1960NoActiveNot Applicable11-Apr-202511-Apr-202502-Nov-20261110

Committee Disclosures

Entry CompComit100
Date of Appointment
11-Apr-2025
Entry CompComit101
Date of Appointment
07-Mar-2025
Entry CompComit122
Date of Appointment
03-Sep-2022
Entry CompComit123
Date of Appointment
05-Aug-2022
Entry CompComit124
Date of Appointment
29-Jan-2025
Entry CompComit125
Date of Appointment
15-Jul-2025
Entry CompComit126
Date of Appointment
11-Apr-2025
Entry CompComit14
Date of Appointment
11-Apr-2025
Entry CompComit15
Date of Appointment
11-Apr-2025
Entry CompComit16
Date of Appointment
11-Apr-2025
Entry CompComit17
Date of Appointment
01-Jul-2025
Entry CompComit41
Date of Appointment
11-Apr-2025
Entry CompComit42
Date of Appointment
04-Nov-2025
Date Of Cessation Of Director In Committee
23-Feb-2026
Entry CompComit43
Date of Appointment
23-Feb-2026
Entry CompComit44
Date of Appointment
11-Apr-2025
Entry CompComit45
Date of Appointment
11-Apr-2025
Entry CompComit68
Date of Appointment
11-Apr-2025
Entry CompComit69
Date of Appointment
19-May-2022
Entry CompComit70
Date of Appointment
29-Dec-2023
Entry CompComit95
Date of Appointment
11-Apr-2025
Entry CompComit96
Date of Appointment
29-Dec-2023
Entry CompComit97
Date of Appointment
15-Jul-2025
Entry CompComit98
Date of Appointment
23-Feb-2026
Entry CompComit99
Date of Appointment
19-May-2022
Entry MainD
Composition And Role Of Risk Management Committee
Yes
Composition Of Audit Committee
Yes
Composition Of Nomination And Remuneration Committee
Yes
Composition Of Stakeholder Relationship Committee
Yes
Composition Of Various Committees Of Board Of Directors
Yes
Disclosure Web Link Of Company At Which Composition Of Various Committees Of Board Of Directors Is Placed
https://www.shipindia.com/page/committees
Memberships In Committees
Yes
Prior Or Omnibus Approval Of Audit Committee For All Related Party Transactions
Yes
Risk Management Committee
Yes
Role Of Audit Committee And Information To Be Reviewed By The Audit Committee
Yes
Role Of Nomination And Remuneration Committee
Yes
Role Of Stakeholders Relationship Committee
Yes
The Committee Members Have Been Made Aware Of Their Powers Role And Responsibilities As Specified In Sebi Regulations2015
Yes
The Composition Of Audit Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Nomination And Remuneration Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Risk Management Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Stakeholders Relationship Committee Committee Is In Terms Of Sebi Regulations2015
Yes
Whether The Audit Committee Has A Regular Chairperson
Yes
Whether The Corporate Social Responsibility Committee Has A Regular Chairperson
Yes
Whether The Nomination And Remuneration Committee Has A Regular Chairperson
Yes
Whether The Risk Management Committee Has A Regular Chairperson
Yes
Whether The Stakeholders Relationship Committee Has A Regular Chairperson
Yes

Audit Committee

Additional Position
Chairperson
Director DIN
08916645
Member Name
Gulabbhai Lakhubhai Rohit
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
09400987
Member Name
Satish Kumar Chawla
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
09461439
Member Name
Priya Sheel Hada
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
10104264
Member Name
Jaswinder Singh
Notes
Rear Admiral Jaswinder Singh DLnPS is entrusted with addn charge of DBCnT wef 1July25 till 30Jun26 or until further orders, whichever is earlier, subject to approval of ACC. Thus Rear Admiral Jaswinder Singh DLnPS was a member of Audit Committee by virtue of holding addn charge of DBCnT
Position
Executive Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
08966904
Member Name
Binesh Kumar Tyagi
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
09515547
Member Name
Vikram Dingley
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
10104264
Member Name
Jaswinder Singh
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
11046394
Member Name
Som Raj
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
08916645
Member Name
Gulabbhai Lakhubhai Rohit
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
09400987
Member Name
Satish Kumar Chawla
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
06908182
Member Name
Raju Lakshmanan
Notes
Mukesh Mangal was appointed as Government Nominee Director in place of Raju Lakshmanan wef 23Feb26 Consequently Raju Lakshmanan ceased to be a member of this committee wef said date
Position
Non-Executive - Nominee Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
10460089
Member Name
Mukesh Mangal
Notes
Mukesh Mangal was appointed as Government Nominee Director in place of Raju Lakshmanan wef 23Feb26 Mukesh Mangal was also inducted as member of this committee wef said date
Position
Non-Executive - Nominee Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
08916645
Member Name
Gulabbhai Lakhubhai Rohit
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
09461439
Member Name
Priya Sheel Hada
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Risk Management Committee

Additional Position
Member
Director DIN
99999999
Member Name
Charusheela Golapalli
Notes
She is CFO of the Company and does not hold DIN.
Position
Chief Financial Officer

Risk Management Committee

Additional Position
Member
Director DIN
99999999
Member Name
C Murali
Notes
He is HOD IT of the Company and does not hold DIN.
Position
HOD IT

Risk Management Committee

Additional Position
Chairperson
Director DIN
09461439
Member Name
Priya Sheel Hada
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
10104264
Member Name
Jaswinder Singh
Notes
Rear Admiral Jaswinder Singh DLnPS is entrusted with addn charge of DBCnT wef 1July25 till 30Jun26 or until further orders, whichever is earlier, subject to approval of ACC. Thus Rear Admiral Jaswinder Singh DLnPS was also a member of RMC by virtue of holding additional charge of D BCnT
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
11046394
Member Name
Som Raj
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
09595247
Member Name
Nitin Khamesra
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
09515547
Member Name
Vikram Dingley
Position
Executive Director

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
09461439
Member Name
Priya Sheel Hada
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
09515547
Member Name
Vikram Dingley
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
10104264
Member Name
Jaswinder Singh
Position
Executive Director
Entry MainD
Gap Between The Meetings Of The Risk Management Committee
Yes
Meeting Of Audit Committee
Yes
Meeting Of Board Of Directors
Yes
Meeting Of Independent Directors
Yes
Meeting Of Nomination And Remuneration Committee
Yes
Meeting Of Risk Management Committee
Yes
Meeting Of Stakeholders Relationship Committee
Yes
Quorum Of Board Meeting
Yes
Quorum Of Nomination And Remuneration Committee Meeting
Yes
Quorum Of Risk Management Committeemeeting
Yes
The Meetings Of The Board Of Directors And The Above Committees Have Been Conducted In The Manner As Specified In Sebi Regulations2015
Yes
Entry MeetingBOD1
Dates Of Meeting In The Previous Quarter
18-Oct-2025
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD2
Dates Of Meeting In The Previous Quarter
07-Nov-2025
Maximum Gap Between Any Two Consecutive Meetings
19
Number Of Directors Present In Meeting Of Board Of Directors
8
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD3
Dates Of Meeting If Any In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
90
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD4
Dates Of Meeting If Any In The Relevant Quarter
06-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
27
Number Of Directors Present In Meeting Of Board Of Directors
10
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
10
Entry MeetingBOD5
Dates Of Meeting If Any In The Relevant Quarter
17-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
10
Number Of Directors Present In Meeting Of Board Of Directors
10
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
10
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
07-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
90
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Previous Quarter
06-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
5
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
5
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
05-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
90
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
5
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
5
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
0
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Relevant Quarter
05-Feb-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
2
Total Number Of Directors As On Date Of The Meeting
4
Entry MainD
Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances
Yes
Disclosure Web Link Of Company At Which Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances Is Placed
https://www.shipindia.com/investors/contact_us
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://www.shipindia.com/grievance
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
4
No Of Investor Complaints During The Period
-3
No Of Investor Complaints Received During The Period
1
Whether Part B Of Annexure I Of The SEBI Circular Dated31December2024Related To Investor Grievance Redressal Report Is Applicable To The Entity
Yes
Entry MainI
No Of Investor Complaints
0
Entry PY_I
No Of Investor Complaints
3
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Not Applicable
Reason For Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Not Applicable To The Entity
Company has not acquired shares or voting rights in any Unlisted Company during Quarter 4 of Financial Year 2025-26
Whether Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Applicable To The Entity
No
Entry I_OngoingTaxLitigationsOrDisputes1
Current Status
Ongoing hearing, next date scheduled on 21.05.2026.
Date of Initiation
04-May-2017
Opposing Party
SCI Vs Commissioner / Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 4182.92 lakhs (including penalty) plus applicable Interest Order dtd 23.11.2016 received in the matter of non payment of service tax on income received from hiring of vessels Harshavardhana & Ramanujam by A&N Administration under Supply of tangible goods (vessel) for the period Oct, 2009 to Sept,2015. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same and hearing is awaited.
Entry I_OngoingTaxLitigationsOrDisputes10
Current Status
Ongoing hearing, next date scheduled on 15.09.2026.
Date of Initiation
26-Oct-2016
Opposing Party
SCI Vs Commissioner / Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 34000.95 lakhs (including penalty) plus applicable Interest Order dated 26.07.2016 received in the matter non payment of service tax on income earned from Joint Ventures for the services provided for the period April 2009 to March 2015. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same.
Entry I_OngoingTaxLitigationsOrDisputes11
Current Status
Appeal is filed and hearing is awaited.
Date of Initiation
12-Mar-2021
Opposing Party
SCI Vs Commissioner / Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 537.55 lakhs (including penalty) plus applicable Interest Order dated 08.12.2020 received in the matter non payment of service tax on income earned from Joint Ventures for the services provided for the period April 2015 to June 2017. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same.
Entry I_OngoingTaxLitigationsOrDisputes12
Current Status
The case was admitted in earlier year by the Hon'able Court and further hearing awaited.
Date of Initiation
10-Nov-2014
Opposing Party
Income Tax Department Vs SCI
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - Bombay High Court Amount involved/ claimed, if any - Rs. 9820 Lakhs The department filed appeal challenging ITAT's order favoring SCI regarding TDS deduction u/s 195 on payment of Time Charter Hire to Non Residents and/ or applying 44B provisions to time charter payments to foreign ship owners. This matter is pertaining to Financial Year 2003-04 to 2005-06.
Entry I_OngoingTaxLitigationsOrDisputes13
Current Status
Appeal is filed and hearing is awaited.
Date of Initiation
25-Jan-2018
Opposing Party
SCI Vs Income Tax Department
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CIT(A) Amount involved/ claimed, if any & Expected financial implications, if any - Rs 4991 Lakhs The Company filed appeal in the matter of treatment of Sundry Receipts taxed as Business income, adjustment to turnover from core shipping for calculating excess income from incidental shipping resulting in increase in assessable income, disallowance of administrative expenses claimed against incidental shipping & Income from other sources (Interest and Dividend), income from rescindment of contract taxed as other Income, prior Period taxed as Business Income etc. This matter is pertaining to Financial Year 2014-15.
Entry I_OngoingTaxLitigationsOrDisputes14
Current Status
Appeal is filed by the Income Tax Dept, hearing is awaited.
Date of Initiation
22-Nov-2023
Opposing Party
Income Tax Department Vs SCI
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - Bombay High Court Amount involved/ claimed, if any & Expected financial implications, if any - Rs. 9389 Lakhs SCI received intimation on 28th November 2023 from the Income Tax department of filing of an appeal with Hon'able High Court challenging ITAT's order favoring SCI regarding Prior period adjustments, Additions made to sundry receipts, Adjusting turnover from core shipping by reducing sundry receipts and profit on sale of ships, Interest income forms part of core activity, THC receivable, Excess Provision written back, Reimbursment of overhead managed vessels included in core activity. This matter is pertaining to Financial Year 2007-08.
Entry I_OngoingTaxLitigationsOrDisputes15
Current Status
The Company has filed a WRIT petition in Hon'ble Bombay High Court.
Date of Initiation
30-Apr-2024
Opposing Party
SCI Vs Deputy Commissioner of State Tax, (MUMBAI-LTU-520), LTU-2, Mumbai [Department Of Goods and Service Tax, Government of Maharashtra ]
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - Hon'ble Bombay High Court The Company has received an order dated 12th June 2025 from the Joint Commissioner of State Tax (Appeal-VI), confirming a revised demand of Rs 23,07,46,351 (comprising a tax component of Rs 10,55,56,428 along with applicable interest and penalty), as against the original demand of Rs 76,19,89,910 (which included a tax component of Rs 34,85,77,270 along with interest and penalty).
Entry I_OngoingTaxLitigationsOrDisputes16
Current Status
The Company is in the process of filing an appeal with GSTAT within three months from the date of order receipt i.e. on or before 11.06.2026
Date of Initiation
28-Aug-2024
Opposing Party
SCI Vs Deputy Commissioner of State Tax, (Bandra-West_502:Santacruz :Mumbai_North_West), [Department Of Goods and Service Tax, Government of Maharashtra ]
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed Earlier- Joint Commissioner of State Tax (Appeal) The Company had filed an appeal against the order issued by the Deputy Commissioner of State Tax with the Joint Commissioner of State Tax (Appeal-IV), Mumbai. The Company has now received an order dated 11th March 2026 from the Joint Commissioner of State Tax (Appeal-VI), confirming a revised demand of Rs 60,06,97,357 (comprising a tax component of Rs 29,08,88,754 along with applicable interest and penalty), as against the original demand of Rs 1,60,37,35,973.00/- (including tax component of Rs 77,66,21,740 /- plus interest & penalty) . The said demand is mainly on account of Mismatch of Input Tax Credit (ITC) with GSTR-2A.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
Appeal is filed and hearing is awaited.
Date of Initiation
28-Sep-2021
Opposing Party
SCI Vs Commissioner / Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 1012.84 lakhs (including penalty) plus applicable Interest Order dtd 21.06.2021 received in the matter of non payment of service tax on income received from hiring of vessels Harshavardhana & Ramanujam by A&N Administration under Supply of tangible goods (vessel) for the period Oct, 2015 to June,2017. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same and hearing is awaited.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
The Company has received a favorable order in April 2025 from the Hon’ble CESTAT, Mumbai, in the referenced matter, wherein the earlier impugned order has been set aside. The Company has filed CAVEAT in Supreme Court of India, in the above mentioned case on 30.06.2025, vide filing number No.EK-SCIN01-08035-2025.
Date of Initiation
24-Nov-2016
Opposing Party
SCI Vs Commissioner / Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 3128.96 lakhs (including penalty) plus applicable Interest Order dtd 31.08.2016 received in the matter of non inclusion of the value of bunker / fuel charges and water charges in the assessable value for discharge of service tax for the period Oct,2009 to Sept,2014. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
Appeal is filed and hearing is awaited.
Date of Initiation
08-Jul-2021
Opposing Party
SCI Vs Commissioner / Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 402.67 lakhs (including penalty) plus applicable Interest Order dtd 24.03.2021 received in the matter of non-inclusion of the value of bunker / fuel charges and water charges in the assessable value for discharge of service tax for the period Oct,2014 to June,2017. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same.
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
The Company has received a favourable order from the Hon’ble CESTAT, Mumbai, in the referenced matter, with the Department’s appeal being dismissed. Accordingly, the Company expects a reduction of approximately Rs 146 crore, comprising the principal demand of Rs 49.44 crore and interest of Rs 96.56 crore (as of 30.06.2025), which had earlier been disclosed as a Contingent Liability in the Company’s Financial Statements. The Company has filed CAVEAT in Supreme Court of India, in the above mentioned case.
Date of Initiation
10-Feb-2017
Opposing Party
Commissioner of CGST & Central Excise, Mumbai Vs SCI
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 4944.54 lakhs plus applicable Interest Order dated 03.10.2016 was received in favour of the Company for the period July, 2012 to Sept,2015 in the matter of service tax to be levied on Demurrage Income. The Department has filed appeal against the said order. Similar matter of different period of Rs 2416.51 lakhs is kept in abeyance by the department till this appeal attains finality.
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
The Company has received an order from the Hon’ble CESTAT, Mumbai, in the referenced matter, stating that the impugned order is set aside and the appeal is allowed by way of remand to the original authority for de novo adjudication of the matter. The matter had already been disclosed earlier as a Contingent Liability in the Company’s Financial Statements.
Date of Initiation
30-Mar-2017
Opposing Party
SCI Vs Commissioner / Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 38393.73 lakhs (including penalty) plus applicable Interest Order dated 29.11.2016 received in the matter of non payment of Service Tax in respect of services received from abroad and expenditure incurred in Foreign Currency under RCM for the period Oct, 2009 to Sep,2014. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same.
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
Appeal is filed and hearing is awaited.
Date of Initiation
05-May-2021
Opposing Party
SCI Vs Commissioner / Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 8194.67 lakhs (including penalty) plus applicable Interest Order dated 12.02.2021 received in the matter of non payment of Service Tax in respect of services received from abroad and expenditure incurred in Foreign Currency under RCM for the period Oct, 2014 to Sep, 2015. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same.
Entry I_OngoingTaxLitigationsOrDisputes8
Current Status
Appeal is filed and hearing is awaited.
Date of Initiation
12-Aug-2022
Opposing Party
SCI Vs Commissioner / Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 7396.66 lakhs (including penalty) plus applicable Interest Order dated 18.05.2022 received in the matter of non payment of Service Tax in respect of services received from abroad and expenditure incurred in Foreign Currency under RCM for the period Oct, 2015 to June, 2017. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same.
Entry I_OngoingTaxLitigationsOrDisputes9
Current Status
Appeal is filed and hearing is awaited.
Date of Initiation
25-Jul-2023
Opposing Party
SCI Vs Principal Commissioner of CGST & Central Excise, Mumbai
Status (Previous Disclosure)
Name of the Court/Tribunal/Agency where litigation is filed - CESTAT, Mumbai Amount involved/ claimed, if any - Rs 17386.80 lakhs (Penalty) Penalty order dated 26.04.2023 received in the matter of reversal of Cenvat credit under Rule 6(3) for the period October 2009 to Sep,2014. Being aggrieved and dissatisfied with order issued, the Company has filed appeal against the same.
Entry MainD
Any Other Information For Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Explanatory Text Block
The terms SCI or "Company" wherever used shall mean The Shipping Corporation of India Ltd. In point no. 12 and 14 the date entered is date of filing
Whether Part E Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Applicable To The Entity
Yes
Reason For Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity
No fine or penalty has been imposed on SCI during the quarter ended 31.03.2026
Whether Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Applicable To The Entity
No