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Cabinet approves disinvestment of govt’s stake held in Shipping Corporation of India

21 Nov 2019 Evaluate

The Cabinet Committee on Economic Affairs has accorded 'In-principle' approval for strategic disinvestment of Government of India shareholding of 63.75% in Shipping Corporation of India (SCI) along with transfer of management control to a strategic buyer.

SCI is the only Indian shipping company operating break-bulk service, international container service, liquid / dry bulk service, offshore service, passenger service, in addition to manning / managing a large number of vessels on behalf of various government departments and organizations.

Shipping Corpn.India Share Price

295.65 -0.15 (-0.05%)
19-Aug-2026 11:43 View Price Chart
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