New Delhi: The Ministry of Ports, Shipping and Waterways (MoPSW) has approved the appointment of Mr. Venkatesapathy S., Joint Secretary (Shipping), as the new Government Nominee Director on the Board of Shipping Corporation of India Limited (SCI). This move comes following the cessation of Mr. R. Lakshmanan, Joint Secretary (Ports), who stepped down from the Board with effect from July 28, 2025.
Statutory Formalities Underway
SCI has initiated the necessary statutory procedures to formalize Mr. Venkatesapathy S.’s appointment. The company will disclose further details in accordance with Regulation 30 of the SEBI Listing Regulations and related circulars in due course, as stated in its official exchange filing.
Transition Highlights
Mr. R. Lakshmanan ceased to be the Part-time Director (Government Nominee Director) on July 28, 2025, at 4:10 PM. The Board and stakeholders anticipate a smooth transition with the new Government Nominee Director bringing fresh expertise to SCI’s governance.
About SCI Ltd
The Shipping Corporation of India Ltd, a Government of India enterprise under the Ministry of Ports, Shipping & Waterways, is the largest Indian shipping company, providing crucial marine transport services including bulk carriers, tankers, offshore services, and container shipping.
