Shipping Corporation of India Limited has announced a key senior management appointment, with Mr. Uttam Gharde taking charge as Deputy Chief Vigilance Officer (Dy. CVO) effective January 1, 2026. The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The appointment was formalized through an internal order, with Mr. Gharde assuming responsibility for the Vigilance Division and joining the company's senior management structure. The company reported the event occurrence on January 9, 2026, at 10:45 hours.

Professional Background

Mr. Uttam Sadashiv Gharde brings extensive maritime expertise to his new role, with over 33 years of experience across multiple business verticals. His educational qualifications include a Bachelor's degree in Mechanical Engineering and Marine Engineer (MEO Class I) certification.

His career with SCI spans more than three decades, beginning when he joined as a Fifth Engineer Officer in August 1992. He commenced sailing operations on vessels from August 18, 1992, gaining hands-on experience in ship operations before transitioning to shore-based responsibilities on April 7, 2006.

Career Progression

Mr. Gharde's professional journey within the organization demonstrates steady advancement through various operational roles. His experience encompasses diverse areas including:

• Maritime Training operations
• Fleet Personnel management
• Ship Operation oversight
• Dry dock operation supervision
• Repair bill settlement processes

He achieved a significant milestone in April 2019 when he was promoted to the position of Deputy General Manager, marking his continued growth within the organization's management hierarchy.

Regulatory Compliance

The appointment disclosure was made in accordance with SEBI regulations, specifically under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced compliance with the SEBI Master Circular dated November 11, 2024, ensuring full regulatory adherence in announcing this senior management change.

Shipping Corporation of India Limited (SCI) has announced an extension of Rear Admiral Jaswinder Singh's additional charge as Director (Bulk Carrier & Tanker). The Ministry of Ports, Shipping and Waterways approved the extension on December 31, 2025, extending his tenure significantly beyond the original appointment period.

Extension Details

Background of the Appointment

Rear Admiral Jaswinder Singh was initially appointed as Director (BC&T) on additional charge from October 1, 2025 to December 31, 2025. The latest extension significantly expands his tenure in this dual role, allowing him to continue overseeing both the Liner & Passenger Services and Bulk Carrier & Tanker segments of SCI.

Professional Profile

Rear Admiral Singh brings extensive maritime expertise to his expanded role:

Key Leadership Positions

During his distinguished naval career, Rear Admiral Singh held several prestigious appointments including Chief of Staff of the Southern Naval Command, Assistant Chief of Naval Staff Foreign Cooperation, and Principal Director at Naval Headquarters New Delhi. He also commanded Destroyer, Corvette, and Training Establishment units.

Current Board Positions

Rear Admiral Singh serves as a Director on the board of SCI Bharat IFSC Ltd, a wholly owned subsidiary of SCI, and Sethusamudram Corporation Ltd. He also holds the position of Vice Chairman at Narottam Morarje Institute of Shipping, Mumbai.

SCI has confirmed that Rear Admiral Singh is not related to any director of the company and is not debarred from holding directorship by any regulatory authority. The extension reflects SCI's confidence in his leadership capabilities across multiple operational segments.