SCI Land & Assets has announced the cessation of Prof. (Dr.) K. Jayaprasad as Non-Official Independent Director following the completion of his tenure on April 14, 2026. The Government of India enterprise informed stock exchanges about this board change under regulatory disclosure requirements.

Director Tenure Completion

Prof. (Dr.) K. Jayaprasad's one-year term as Non-Official Independent Director concluded on April 14, 2026, exactly one year after his appointment on April 15, 2025. His original appointment was made pursuant to approval from the Appointments Committee of the Cabinet, based on recommendations dated March 12, 2025, from the Search Committee for the Ministry of Ports, Shipping and Waterways proposal.

Regulatory Disclosure Details

The company submitted the cessation disclosure to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Company Information

Shipping Corporation of India Land and Assets Limited operates as a Government of India enterprise with its registered office located at Shipping House, 245, Madame Cama Road, Nariman Point, Mumbai, Maharashtra. The company trades on BSE with security code 544142 and on NSE with trading symbol SCILAL.

Filing Timeline

The cessation occurred on April 14, 2026, at 17:15 hours IST, with the formal disclosure submitted to stock exchanges the same day. Company Secretary and Compliance Officer Shri Mohammad Firoz signed the regulatory filing, ensuring compliance with mandatory disclosure requirements for board changes.

Shipping Corporation of India Land and Assets Limited has filed its quarterly compliance certificate with regulatory authorities for the quarter ended March 31, 2026. The submission fulfills the company's obligations under SEBI's depositories regulations and demonstrates adherence to prescribed securities handling procedures.

Regulatory Compliance Submission

SCI Land & Assets submitted the compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was issued by M/s. Bigshare Services Private Limited, which serves as the company's Registrar and Share Transfer Agent.

Certificate Confirmation Details

The compliance certificate confirms several key operational aspects of the company's securities handling processes. Bigshare Services Private Limited certified that all securities received from depository participants for dematerialization up to March 31, 2026 were properly confirmed to the depositories.

The certificate also validates that:

• Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within 15 days of receipt

Stakeholder Communication

The compliance certificate was submitted to multiple regulatory and market infrastructure institutions. The company filed the certificate with BSE Limited and National Stock Exchange of India Limited, where its securities are listed under security code 544142 and trading symbol SCILAL respectively.

Company Leadership

The submission was signed by Shri Mohammad Firoz, who serves as Company Secretary and Compliance Officer for Shipping Corporation of India Land and Assets Limited. The certificate from Bigshare Services was authorized by Akash Shamal as the authorized signatory.

This quarterly compliance filing represents part of the company's ongoing regulatory obligations as a listed entity, ensuring transparency in securities handling and depository operations for the quarter ended March 31, 2026.