Shipping Corporation of India Land and Assets logo

Shipping Corporation of India Land and Assets MD, chairman and AGM

NSE: SCILALBSE: 544142FinanceSmall Cap

Shipping Corporation of India Land and Assets Limited · Face value ₹10 · Listed Mar 2024
Last close ₹35.48up ₹0.46 (1.31%)BSE ₹35.39

Share price at the NSE close on 27 Oct 2026. Previous close ₹35.02.

27 Oct: open ₹35.72, high ₹36.24, low ₹34.16

52-week range of traded prices to 27 Oct 2026
₹34.16Low, 27 Oct 2026₹55.00High, 7 May 2026
Market cap
₹1,653 Cr1,139th largest listed
P/E
57.99
P/B
0.55
Dividend yield
1.55%
ROE
0.9%
ROCE
−1.5%
Debt to equity
0.00
Volume, NSE
3,88,71864.3% delivered

Shipping Corporation of India Land and Assets' chairperson and managing director is BINESH KUMAR TYAGI, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 21 Sep 2026.

Shipping Corporation of India Land and Assets board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • Chairperson and managing directorBINESH KUMAR TYAGI
  • Company Secretary and Compliance OfficerShri Mohammad Firoz

3 directors2 executive1 non-executive

  • BINESH KUMAR TYAGI · Chairperson and managing directorExecutive · joined Sep 2022 · 2 listed boards · 3 committee seats, 1 as chair
  • SIVAPERUMAL VENKATESAPATHYNominee, non-executive · joined Jul 2025 · 1 listed board · 1 committee seat
  • NITIN KHAMESRAExecutive · joined Mar 2026 · 2 listed boards · 3 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

5 directors who left
  • JAYAPRASAD KUTTAPPAN, left 15 Apr 2026: Tenure Completion
  • SOM RAJ, left 23 Feb 2026: Others
  • RAJESH KUMAR SINHA, left 28 Jul 2025: Tenure Completion
  • ATUL UBALE, left 24 Feb 2025: Others
  • MANJITSINGH DARSHANSINGH SAINI, left 1 Feb 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    2 meetings of 2 without a quorum

    • 4 Aug 20263 of 3 present0 independent · 90 days in between · quorum not met
    • 5 May 20263 of 3 present0 independent · quorum not met
  • Audit Committee

    Chair BINESH KUMAR TYAGI

    NITIN KHAMESRA, SIVAPERUMAL VENKATESAPATHY

    2 meetings of 2 without a quorum

    • 4 Aug 20263 of 3 present0 independent · 90 days in between · quorum not met
    • 5 May 20263 of 3 present0 independent · quorum not met
  • Nomination and remuneration committee

    BINESH KUMAR TYAGI, SIVAPERUMAL VENKATESAPATHY

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    BINESH KUMAR TYAGI, NITIN KHAMESRA

    No meeting listed in the filing.

  • Risk Management Committee

    Chair BINESH KUMAR TYAGI

    NITIN KHAMESRA, LAXMI KAMATH

    • 4 Aug 20262 of 2 present0 independent
  • Corporate Social Responsibility Committee

    Chair BINESH KUMAR TYAGI

    NITIN KHAMESRA

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • A.T.Jain & CoPeer-review certificate valid to Nov 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Shipping Corporation of India Land and Assets AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Shipping Corporation of India Land and Assets dividend history

Annual general meeting, 21 Sep 2026

2,16,782 shareholders on the register on 14 Sep 2026; present: 1 promoter and 62 others; votes counted by Alifya Sapatwala / Mehta & Mehta, Company Secretaries.The company's voting result

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon along with the Comments of the Comptroller and Auditor General of India (C&AG), in terms of Section 143(6) of the Companies Act, 2013.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.74%

    Turnout: all 69.66% · promoters 100.00% · institutions 83.52% · other public 0.13%

  2. To approve and declare Dividend of Rs.0.55/- (Rupee Fifty Five Paise only) per Equity Share of Rs.10/- (Rupees Ten Only) each for the Financial Year 2025-26.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.00%

    Turnout: all 69.67% · promoters 100.00% · institutions 83.71% · other public 0.13%

  3. To appoint a Director in place of Shri Venkatesapathy S. (DIN: 07407879), who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    Ordinary
    98.88% for1.12% against

    Against: promoters 0.00% · institutions 13.16% · other public 8.46%

    Turnout: all 69.67% · promoters 100.00% · institutions 83.71% · other public 0.13%

  4. To authorize the Board of Directors of the Company to fix the remuneration of the Statutory Auditors to be appointed by Comptroller & Auditor General of India (C&AG) for the Financial Year 2026-27, on the basis of recommendations of Audit Committee.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.02%

    Turnout: all 69.67% · promoters 100.00% · institutions 83.71% · other public 0.13%

  5. Appointment of Shri Nitin Khamesra (DIN: 09595247) as a Director (Finance) of the Company
    Ordinary
    99.07% for0.93% against

    Against: promoters 0.00% · institutions 10.94% · other public 7.86%

    Turnout: all 69.67% · promoters 100.00% · institutions 83.71% · other public 0.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 17 Sep 2025, 8 resolutions

2,37,453 shareholders on the register on 10 Sep 2025; present: 1 promoter and 65 others; votes counted by Alifya Sapatwala / M/s. Mehta & Mehta, Company Secretaries.The company's voting result

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon along with the Comments of the Comptroller and Auditor General of India (C&AG), in terms of Section 143(6) of the Companies Act, 2013.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.60%

    Turnout: all 69.70% · promoters 100.00% · institutions 80.01% · other public 0.37%

  2. To approve and declare Dividend of Rs. 0.55/- (Rupee Fifty Five Paise only) per Equity Share of Rs. 10/- (Rupees Ten Only) each for the Financial Year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 69.79% · promoters 100.00% · institutions 80.19% · other public 0.62%

  3. To appoint a Director in place of Shri Binesh Kumar Tyagi (DIN: 08966904), who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    Ordinary
    99.70% for0.30% against

    Against: promoters 0.00% · institutions 3.21% · other public 11.76%

    Turnout: all 69.79% · promoters 100.00% · institutions 80.19% · other public 0.62%

  4. To authorize the Board of Directors of the Company to fix the remuneration of the Statutory Auditors to be appointed by Comptroller & Auditor General of India (C&AG) for the Financial Year 2025-26, on the basis of recommendations of Audit Committee.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.97%

    Turnout: all 69.79% · promoters 100.00% · institutions 80.19% · other public 0.62%

  5. Appointment of Prof (Dr.) K. Jayaprasad (DIN: 09585722) as a Non-official (Independent) Director of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.75%

    Turnout: all 69.79% · promoters 100.00% · institutions 80.19% · other public 0.62%

  6. Appointment of Capt. Som Raj (DIN: 11046394) as a Director (Operations) of the Company.
    Ordinary
    98.71% for1.29% against

    Against: promoters 0.00% · institutions 15.02% · other public 11.72%

    Turnout: all 69.79% · promoters 100.00% · institutions 80.19% · other public 0.62%

  7. Appointment of Shri Venkatesapathy S. (DIN: 07407879) as Government Nominee Director of the Company.
    Ordinary
    98.71% for1.29% against

    Against: promoters 0.00% · institutions 15.02% · other public 11.86%

    Turnout: all 69.79% · promoters 100.00% · institutions 80.19% · other public 0.62%

  8. Appointment of M/s. Upendra Shukla & Associates , Company Secretaries as the Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.86%

    Turnout: all 69.79% · promoters 100.00% · institutions 80.19% · other public 0.62%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Sep 2024, 6 resolutions

Present: 1 promoter and 70 others.

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereon along with the Comments of the Comptroller and Auditor General of India (C&AG), in terms of Section 143(6) of the Companies Act, 2013.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.50%

    Turnout: all 70.19% · promoters 100.00% · institutions 79.34% · other public 0.51%

  2. To approve and declare Dividend of Re. 0.66/- (Rupee Sixty Six Paise only) per Equity Share of Rs.10/- each for the Financial Year 2023-24.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.78%

    Turnout: all 70.20% · promoters 100.00% · institutions 79.51% · other public 0.51%

  3. To appoint a Director in place of Shri Binesh Kumar Tyagi (DIN: 08966904) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    Ordinary
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 3.19% · other public 2.37%

    Turnout: all 70.20% · promoters 100.00% · institutions 79.51% · other public 0.51%

  4. To approve remuneration of Statutory Auditors for the Financial Year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.02%

    Turnout: all 70.20% · promoters 100.00% · institutions 79.51% · other public 0.51%

  5. Appointment of Shri Manjit Singh Saini (DIN: 10111633) as a Whole Time Director (Personnel & Administration) of the Company.
    Ordinary
    98.75% for1.25% against

    Against: promoters 0.00% · institutions 13.81% · other public 2.26%

    Turnout: all 70.20% · promoters 100.00% · institutions 79.51% · other public 0.51%

  6. To alter the Objects Clause of the Memorandum of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.01%

    Turnout: all 70.20% · promoters 100.00% · institutions 79.51% · other public 0.51%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved
35Dec 2400Mar 2500Jun 2522Sep 2533Dec 2511Mar 2600Jun 261010Sep 26

Open at the quarter's end

0Dec 240Mar 250Jun 250Sep 250Dec 250Mar 260Jun 260Sep 26
None open at any quarter's end.
The board is made up as the listing rules require
No
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.