Management Change14 Apr 2026, 06:41 pm
Shipping Corporation of India Land and Assets Ltd: Independent Director's Tenure Ends
AI Summary
Shipping Corporation of India Land and Assets Limited announced the cessation of Prof. (Dr.) K. Jayaprasad as a Non-Official (Independent) Director on its Board. His one-year tenure, which commenced on April 15, 2025, concluded on April 14, 2026. The appointment was previously approved by the Appointments Committee of the Cabinet based on recommendations from the Ministry of Ports, Shipping and Waterways. This change is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Independent Director Prof. K. Jayaprasad's tenure ended.
- His one-year term concluded on April 14, 2026.
- Cessation is due to the completion of the approved tenure.
- The change is compliant with SEBI Listing Regulations.
Price Impact
More from SCILAL