Shipping Corporation of India Limited has appointed Shri Vipul Singhal, Director (SBR) at the Ministry of Ports, Shipping and Waterways (MoPSW), as a Part-Time Government Nominee Director on its Board. The appointment became effective from September 25, 2026, coinciding with the date he obtained his Director Identification Number (DIN).

The intimation was submitted to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure follows an earlier approval by the Competent Authority conveyed via letter dated September 24, 2026. The event occurred at 10:00 am IST on September 28, 2026.

Appointment details

The Ministry of Ports, Shipping and Waterways communicated the approval through letter no. SS-11025/1/2024-SU. SCI confirmed that Shri Vipul Singhal is not related to any Director of the Company and is not debarred from holding the office of director by virtue of any SEBI order or other authority.

Profile of Shri Vipul Singhal

Mr. Vipul Singhal belongs to the Indian Railways Traffic Service (IRTS) of the 2008 batch. He holds a B.Tech in Ocean Engineering and Naval Architecture from the Indian Institute of Technology (IIT), Kharagpur. Currently serving as Director in the Ministry of Ports, Shipping & Waterways, his background includes significant experience in logistics, transport, and railways.

Key aspects of his professional profile include:

• Experience: Over 17 years in the logistics, transport, and railways sector.
• Domains: Passenger and freight train operations, safety in train operations, and planning for removal of infrastructural bottlenecks.
• Policy Role: Involved in policy formulation at the Ministry of Railways, specifically regarding passenger fares, ticketing, and digital ticketing initiatives.
• Training: Attended formal trainings at IIM Calcutta, a High Speed Rail study visit conducted by JICA in Japan, and field attachments in Ports, Iron Ore mines, and Container Depots.

Compliance and next steps

SCI stated that further details regarding the appointment were disclosed in compliance with SEBI listing regulations and the SEBI Master Circular dated January 30, 2026. The filing was signed by Swapnita Vikas Yadav, Company Secretary and Compliance Officer.

Shipping Corporation of India has appointed Mukund M Chitale & Co and S G C O & Co LLP as its joint statutory auditors for the financial year 2026-27. The appointment was notified to stock exchanges on September 8, 2026.

The decision follows a communication from the Comptroller and Auditor General of India (C&AG), exercising powers under Section 139 of the Companies Act, 2013. The firm will audit the company's standalone financial statements. The same auditors will also serve as auditors for the consolidated financial statements under Section 139 read with Section 129(4) of the Act.

Auditor Details

The appointed firms are based in Mumbai. Their specific details are as follows:

Regulatory Compliance

The notification was issued in compliance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that further details regarding auditor remuneration and other services will be disclosed in due course, as per SEBI Master Circular dated January 30, 2026.

Supplementary Audit

The supplementary and test audit under Sections 143(6) and 143(7) of the Companies Act, 2013, has been entrusted to the Principal Director of Audit, Shipping, located in Chennai. The appointment is subject to conditions stipulated in Annexure-I of the C&AG guidelines.