Shri Mukesh Mangal Appointed Government Nominee Director on SCI Board
New Delhi, February, 23,2026: The Shipping Corporation of India Limited (SCI) has announced the appointment of Shri Mukesh Mangal, Additional Secretary of the Ministry of Ports, Shipping and Waterways (MoPSW), as the Government Nominee Director on its Board. The approval was conveyed by the Ministry vide letter No. SS-11025/1/2024-SU dated 23 February 2026, following authorization by the Competent Authority.
Shri Mukesh Mangal’s appointment comes under the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely disclosure of changes in Board composition by listed entities. SCI has confirmed that it will complete all statutory formalities associated with the appointment in due course, including filings with stock exchanges and other regulatory requirements.
Simultaneously, the Ministry communicated that Shri R. Lakshmanan, Joint Secretary, MoPSW, will cease to be a Government Nominee Director on SCI’s Board with immediate effect, marking the conclusion of his tenure.
Event Date and Time: 23 February 2026 at 15:43 hours.
About the Appointee: Shri Mukesh Mangal serves as Additional Secretary in the MoPSW, responsible for overseeing various policies and operations related to India’s ports, shipping, and maritime infrastructure. His appointment on the SCI Board is expected to provide strategic guidance, strengthen government oversight, and contribute to the corporation’s continued growth and governance.
About SCI: The Shipping Corporation of India Limited, a government-owned company, plays a critical role in the Indian maritime sector by operating shipping services, transporting cargo, and supporting India’s logistics and trade infrastructure. Government Nominee Directors ensure alignment between corporate operations and national maritime policy priorities.
This Board change highlights the Ministry’s continued involvement in SCI’s governance and reinforces transparent corporate oversight in accordance with SEBI regulations.