Shipping Corporation of India Files SEBI SAST Regulation 31 Compliance for FY 2025-26
Shipping Corporation of India filed a compliance declaration under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for FY 2025-26. The promoter, Ministry of Ports, Shipping & Waterways on behalf of the Government of India, confirmed that no encumbrance was created, directly or indirectly, on the company's equity shares during the financial year ended 31.03.2026. The filing, dated 03.04.2026, was submitted to both BSE Limited and National Stock Exchange of India Limited, with the declaration signed by Vipul Singhal, Director, on 01.04.2026.
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Shipping Corporation of India has filed a regulatory compliance submission under Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended 31.03.2026. The filing, dated 03.04.2026, was addressed to the Listing Compliance Departments of both BSE Limited and National Stock Exchange of India Limited.
Promoter Declaration on Encumbrance
The Ministry of Ports, Shipping & Waterways, acting on behalf of the Government of India as the promoter of Shipping Corporation of India, submitted a formal declaration confirming that no encumbrance was created on the company's equity shares during FY 2025-26. The declaration explicitly states that neither the promoter nor persons acting in concert made any encumbrance, directly or indirectly, on the equity shares held in the company during the financial year.
The key details of the filing are summarised below:
| Parameter: | Details |
|---|---|
| Regulation: | Regulation 31, SEBI (SAST) Regulations, 2011 |
| Financial Year: | FY 2025-26 (ended 31.03.2026) |
| Filing Date: | 03.04.2026 |
| Declaration Date: | 01.04.2026 |
| Promoter: | Ministry of Ports, Shipping & Waterways, Government of India |
| Encumbrance Status: | Nil — No encumbrance created directly or indirectly |
| Authorised Signatory: | Vipul Singhal, Director |
| Place of Declaration: | New Delhi |
| Company Secretary & Compliance Officer: | Smt. Swapnita Vikas Yadav |
Filing and Submission Details
The compliance letter, bearing reference number A10-SEC-BD-808/SAST, was signed and submitted by Smt. Swapnita Vikas Yadav, Company Secretary & Compliance Officer of Shipping Corporation of India. The declaration from the promoter was enclosed as Annexure-1 to the filing. The submission was made to both BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and to the National Stock Exchange of India Limited at Bandra Kurla Complex, Mumbai.
Regulatory Context
Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 requires promoters and persons acting in concert to submit an annual declaration to the listed company disclosing the encumbrance status of shares held by them. This filing by Shipping Corporation of India confirms that the promoter's shareholding remained free of any encumbrance throughout FY 2025-26, in compliance with applicable SEBI regulations.
Historical Stock Returns for Shipping Corporation of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.09% | +11.35% | +45.34% | +27.25% | +101.06% | +192.66% |
Could the Government of India's clean encumbrance record on SCI shares signal potential plans for strategic disinvestment or stake sale in the near future?
How might SCI's unencumbered promoter shareholding influence its ability to raise capital or pursue fleet expansion through debt financing in FY 2026-27?
Given the Ministry of Ports, Shipping & Waterways' role as promoter, how could upcoming national maritime infrastructure policies impact SCI's competitive positioning against private shipping firms?
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