Shipping Corporation of India update on scheme of arrangement

Shipping Corporation of India announced that the company has received requisite approval from Ministry of Ports, Shipping and Waterways (MoPSW) and DIPAM vide their letter dated 24 May 2022 and 17 May 2022 respectively for Scheme of Arrangement for Demerger of Non-Core Assets (Demerged Undertaking) of Shipping Corporation of India (SCI/ Demerged Company) into Shipping Corporation of India Land and Assets (Resulting Company).

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