19 October 2026
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Leadership Updates: Shipping Corporation of India Appoints R. Lakshmanan to Strengthen Board Governance

Shipping Corporation of India (SCI), a Navratna public sector enterprise, welcomes Mr. R. Lakshmanan to strengthen board leadership and strategic governance in line with government maritime initiatives.
Indian Masterminds Stories

Mumbai: The Shipping Corporation of India Ltd. (SCI), a Navratna public sector enterprise under the Ministry of Ports, Shipping and Waterways, has announced a change in its Board of Directors with the appointment of Mr. R. Lakshmanan, Joint Secretary, as a part-time Government Nominee Director.

New Appointment to the SCI Board

The Ministry of Ports, Shipping and Waterways has approved the nomination of Mr. R. Lakshmanan to the SCI Board, effective November 4, 2025. In his new role, Mr. Lakshmanan will contribute to guiding the organization’s strategic initiatives and policy direction in line with the government’s maritime vision.

Read also: Leadership Updates: PESB Recommends Nitin Khamesra as Director (Finance) of Shipping Corporation of India Limited

Transition in Board Leadership

Mr. R. Lakshmanan replaces Mr. Venkatesapathy S., Joint Secretary, who ceased to be the part-time Government Nominee Director on the same date. The Shipping Corporation of India expressed its gratitude to Mr. Venkatesapathy S. for his valuable contributions and leadership during his tenure.

Formalities Underway

The company stated that the necessary formalities to officially induct Mr. R. Lakshmanan as a part-time Government Nominee Director are currently being completed. The addition of Mr. Lakshmanan to the Board is expected to further strengthen SCI’s governance structure and support its ongoing growth initiatives in the shipping and logistics sector.

About Shipping Corporation of India (SCI)

The Shipping Corporation of India Ltd. (SCI) is a Navratna public sector enterprise under the Ministry of Ports, Shipping and Waterways, Government of India. Headquartered in Mumbai, SCI is the country’s largest shipping company, engaged in providing vital maritime transport services for crude oil, petroleum products, LNG, bulk cargo, and containers. With a diversified fleet and decades of experience, SCI plays a key role in enhancing India’s maritime trade and supporting the nation’s vision of becoming a global shipping hub.

Read also: SCI Partners with BPCL, HPCL, and IOCL Under New MoU to Expand India’s Shipping Fleet and Secure Energy Supply


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