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Shipping Corporation Appoints Vipul Singhal as Government Nominee Director on Board

Ministry of Ports, Shipping and Waterways approves appointment of Director (SBR) Vipul Singhal; formal appointment date to be disclosed later
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New Delhi: The Shipping Corporation of India Limited (SCI) has announced the appointment of Vipul Singhal, Director (SBR) in the Ministry of Ports, Shipping and Waterways (MoPSW), as a Government Nominee Director on its Board.

The appointment has been approved by the Competent Authority in the Ministry of Ports, Shipping and Waterways. The Ministry conveyed the approval through a letter dated September 24, 2026, and SCI informed the stock exchanges about the development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Vipul Singhal Appointed Government Nominee Director

According to the regulatory disclosure, the Ministry of Ports, Shipping and Waterways approved the appointment of Vipul Singhal as Government Nominee Director on the SCI Board.

Singhal is currently serving as Director (SBR) in the Ministry of Ports, Shipping and Waterways. His appointment adds a government nominee from the administrative ministry to the Board of India’s state-owned shipping company.

The key appointment details are:

  • Appointee: Vipul Singhal
  • Designation: Government Nominee Director
  • Current position: Director (SBR), Ministry of Ports, Shipping and Waterways
  • Approving authority: Competent Authority, MoPSW
  • Approval date: September 24, 2026
  • Regulatory provision: Regulation 30 of SEBI LODR Regulations, 2015

Singhal has also been associated with policy and stakeholder consultations concerning India’s shipbuilding sector. Official maritime-sector documents list him as Director (SBR), MoPSW, on committees dealing with shipbuilding financial assistance and capacity and capability development.

Read also: SCI Holds 76th AGM, Approves ₹1 Final Dividend, Total FY26 Payout Reaches ₹7.50 Per Share 

Formal Appointment Date to Be Disclosed Later

While the Ministry has approved Singhal’s appointment, the exact date of his appointment to the SCI Board will be communicated to the stock exchanges separately.SCI said the subsequent disclosure will include the required details in accordance with the applicable SEBI Listing Regulations and the SEBI Master Circular dated January 30, 2026.

The company received the Ministry’s communication on September 24, 2026, at 11:24 hours IST.

The disclosure was made by Smt. Swapnita Vikas Yadav, Company Secretary and Compliance Officer, SCI.

Appointment Strengthens SCI Board Representation

The appointment of a Government Nominee Director is part of the Board structure of a government-controlled enterprise such as SCI. The nominee represents the interests of the Government as the administrative ministry exercises its oversight role.

SCI is currently pursuing several initiatives involving fleet expansion, shipping operations and sustainability. At its recent 76th Annual General Meeting, the company highlighted fleet augmentation, including two Very Large Gas Carriers, a shipbuilding contract with Mazagon Dock Shipbuilders for a methanol dual-fuel platform supply vessel, and measures related to decarbonisation.

The latest Board appointment comes as SCI continues to work on its business and strategic initiatives within India’s maritime sector.

About Shipping Corporation of India

The Shipping Corporation of India Limited (SCI) is a major Indian shipping company engaged in maritime transportation and related shipping activities. A public sector enterprise under the administrative oversight of the Ministry of Ports, Shipping and Waterways, SCI operates across different segments of the shipping industry and plays a role in India’s maritime trade and shipping ecosystem.

Read also: Shipping Corporation Appoints Bharati Raman Gotarna as Independent Director, Effective August 19


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