SCI Bharat IFSC Ltd commences Business Operations at GIFT city, Gujarat
Shipping Corporation of India Ltd has announced that its wholly-owned subsidiary SCI Bharat IFSC Ltd has commenced its business operation as a Finance Company at GIFT, IFSC, Gujarat.

Shipping Corporation of India Ltd has announced that its wholly-owned subsidiary SCI Bharat IFSC Ltd has commenced its business operation as a Finance Company at GIFT, IFSC, Gujarat.
According to the exchange filing made, SCI's wholly-owned subsidiary company named SCI Bharat IFSC Limited is in receipt of a Certificate of Registration dated 23.09.2024 for commencing business as a Finance Company at Gujarat International Finance Tec-city (GIFT), IFSC, Gujarat from International Financial Services Centers Authority (IFSCA).
Join PSU Connect on WhatsApp now for quick updates! Click here

Earlier, the Shipping Corporation of India Limited announced that its SCI's wholly-owned subsidiary named SCI Bharat IFSC Limited has received a Letter of Approval from the Office of Development Commissioner, Kandla Special Economic Zone, Department of Commerce, Government Of India to extend all the facilities and entitlements admissible to a unit in a Special Economic Zone and for the establishment of a unit at GIFT SEZ LTD[SEZ] in the State of Gujarat for undertaking authorized operations, namely, manufacture and rendering services including trading as stated in the said Approval Letter.
Read Also : HUDCO Hands Over Interim Dividend 2024-25 Cheque to MoHUA