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.

Shipping Corporation of India Land and Assets Limited has announced key changes in its board composition following approval from the Ministry of Ports, Shipping and Waterways. The government enterprise has informed stock exchanges about the appointment of a new Director (Finance) and the cessation of another director's role.

Ministry Approval for Additional Charge

The Ministry of Ports, Shipping and Waterways conveyed its approval through email dated 12.03.2026, with order number 11012/2/2023-SU dated 11th March, 2026. The approval covers the entrustment of additional charge of Director (Finance) position at SCILAL to Shri Nitin Khamesra, who currently serves as Director (Finance) at Shipping Corporation of India.

Board Composition Changes

Following the ministerial approval and the earlier re-designation of the Director (Operations) post to Director (Finance) with effect from 23.02.2026, Shri Som Raj (DIN: 11046394) has ceased to hold the office of Director (Operations) at SCILAL from 23.02.2026.

Shri Nitin Khamesra (DIN: 09595247) is not related to any existing director of the company and is not debarred from holding directorship by any SEBI order or other regulatory authority. The formal announcement was made on 12.03.2026 at 1054 hours IST.

Professional Background of New Director

Shri Nitin Khamesra brings extensive expertise to his new role, with over 28 years of experience spanning financial management, project evaluation, and maritime logistics across energy and shipping sectors. He currently serves as Director (Finance) at The Shipping Corporation of India Ltd. since 23.02.2026.

Career Highlights

Prior to his appointment at SCI, Shri Khamesra served as Chief General Manager at Indian Oil Corporation Limited, where he held leadership positions across multiple Strategic Business Units including:

• Shipping operations
• Refineries management
• International trade and Treasury Operations
• Management Accounts

During his IOCL tenure, he served as Chartering & Finance Head for Shipping, supporting procurement of crude oil, LNG, LPG, and POL while managing comprehensive seaborne logistics operations.

Qualifications and Recognition

Shri Khamesra holds multiple professional qualifications including Chartered Accountant, Cost Accountant, and Graduate in Computer Science. His academic achievements include securing 4th rank in Chartered Accountancy and receiving prestigious awards:

• Maharana Kumbha Award
• P. Sarkar Award of ICWAI

He has represented IOCL at various industry forums including ICAI, FII, and OMC platforms, and served as Nominee Director on the Board of Vadodara Enviro Channel Limited with additional responsibility as Chairman of its Audit Committee.

Strategic Contributions Expected

The new Director brings proven expertise in maritime economics, global shipping markets, energy trade, treasury operations, and policy frameworks. His experience includes driving strategic and digital transformation initiatives, formulating shipping strategies, and implementing risk management frameworks including insurance optimization and SAP-based automation systems.

The company has submitted this information to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with regulatory disclosure requirements.