Shipping Corporation of India Land and Assets Ltd

AGM & Annual Report

• 5th AGM scheduled Sep 21, 2026 at 12:00 IST via VC/OAVM.
• Annual Report 2025-26 and AGM notice accessible via web link for non-email shareholders.
• Notice/Annual Report also available on BSE and NSE websites.
• Shareholders must update emails; demat via DP ISR-1; physical via ISR-1 and ISR-2; KYC update.
• Bigshare Services Private Limited to receive ISR forms; Mumbai address provided.

Overview

• Standalone BRSR for FY2025-26; SCILAL operates real estate and maritime training assets via SCI.
• Main activity mix: Real estate 24.10% turnover; Education 75.90% turnover, MTI training.
• Reporting boundary: Standalone; three offices nationwide; MTI in Powai; Shipping House in Kolkata.
• Paid-up capital: 46,580 Lakhs; Irano Hind Shipping JV 49% investment written off in FY26.
• Governance: SCI SLA governs operations; anti-corruption policy adopted Aug 2026; ESG oversight via board committees.

Key ESG Risks & Opportunities

• Ageing staff housing at Malad flagged as risk; structural audit underway.
• Redevelopment of Mumbai property identified as value unlocking opportunity.
• MTI upgrade and MoUs to expand maritime training capacity.
• Board oversight of ESG; no material penalties in FY26.
• RPT reliance on SCI for procurement; 18.5% related-party sales.

Governance & Policy Highlights

• Board committees oversee ESG: Audit, Stakeholders' Relationship, CSR, and Share Transfer.
• Policies: Whistle Blower, Anti-Bribery, Code of Conduct; human rights oversight.
• Anti-Corruption policy adopted 04 Aug 2026; policy available on SCILAL website.
• Assurance: Standalone; no external assurance obtained.
• ISO certifications and audits: ISO 9001/14001/45001; IMS audits by IRQS.

Social Responsibility & Workforce

• Total employees: 14; all non-permanent; 11 male, 3 female.
• Wages: female wages 26.15% of total; INR 51.6 Lakhs.
• Well-being spend: 0.11% of revenue on wellbeing measures.
• LTIFR: 0; no fatalities or injuries recorded.
• Grievance mechanisms via SCI; Whistle Blower policy; CPGRAMS access.
• Equal opportunity policy for persons with disabilities; premises accessible.

Environmental Performance

• Total energy 5,019.16 GJ; non-renewable 3,747.82 GJ; renewable energy 0.515 MW solar at MTI.
• GHG emissions: Scope 1 32.9 tCO2e; Scope 2 739.15 tCO2e.
• Emissions intensity: 0.0000033135 tCO2e per rupee turnover.
• Waste: total 218 tonnes; recycled 0.0774; landfilled 193; other disposal 25.
• Water: 71,614 kL third-party water; water intensity 0.000307 kL/turnover; 28,646 kL water discharged to third parties.
• Certifications: ISO 9001/14001/45001; no ZLD; LED lighting upgrades and solar project ongoing.

Stakeholder Engagement & Complaints

• Key stakeholder groups: Employees, Shareholders, Communities.
• Engagement channels: Email, meetings, website, stock exchanges; regular cadence.
• Complaints: Shareholders filed 6 complaints; communities/investors/employees 0; SCI grievance mechanism in place.

Other Notable Metrics

• Related-party transactions: Purchases from related parties 100% of total purchases; 18.5% of revenue from sales to related parties.
• JV Irano Hind Shipping 49% holding; investment written off.
• CSR turnover: 2,330 Lakhs; Net worth: 63,675 Lakhs.
• Cybersecurity: Adopted SCI Cyber Security & Data Privacy Framework; no data breaches reported.
• Procurement policy: Preferential procurement via SCI/GeM, including MSE and marginalized groups.

AGM Details

• AGM date/time: 21 Sep 2026 at 12:00 IST; mode: VC/OAVM.

Resolutions Put to Vote

• Adopt Audited Standalone Financial Statements and Board Reports (Ordinary).
• Declare dividend of ₹0.55 per equity share for FY2025-26 (Ordinary).
• Re-appoint Shri Venkatesapathy S. by rotation (Ordinary).
• Authorize Board to fix remuneration of Statutory Auditors for FY2026-27 (Ordinary).
• Appoint Shri Nitin Khamesra as Director (Finance) (Ordinary).

Voting Results

• Voting outcomes not disclosed in this filing.

Dividend Details

• Dividend proposed at ₹0.55 per share; approx ₹25.62 crore total; subject to approval.

Director Changes

• Nitin Khamesra appointed Director (Finance) effective 11 Mar 2026; subject to ACC approval.

Auditor Appointments

• Statutory Auditor M/s A.T. Jain & Co appointed for FY2025-26; 2026-27 appointment awaits C&AG.

Material Related Party Transactions

• No material RPTs approved; related party transactions disclosed as arm’s-length.

Other Material Approvals

• Remuneration for Statutory Auditors to be fixed; no other major approvals noted.

Dividend entitlement and related dates

• The purpose is to entitle shareholders to the dividend on equity shares.
• The security affected is equity shares.
• The record date is 04 September 2026.
• Dividend rate is Rs 0.55 per equity share (5.50%).
• The AGM is scheduled for 21 September 2026 at 12:00 IST via VC/OAVM.
• Remote e-Voting will be open from 17 September 2026, 09:00 to 20 September 2026, 17:00.
• The e-voting cut-off date is 14 September 2026.

Dematerialisation processing status

• Securities for dematerialisation up to the reporting period were confirmed to the depositories.
• Securities in the dematerialisation certificates have been listed on the exchanges where earlier issues are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository name substituted as registered owner within 15 days.

KYC updation for physical shareholdings

• Reminder to update PAN, contact details, bank details, and specimen signature for physical holdings.
• Incomplete folios hinder grievances or services; payments will be electronic with updated details.
• Required forms: ISR-1, ISR-2, SH-13, ISR-3, SH-14.
• RTA is Bigshare Services; submit via mail or electronic.
• Forms can be downloaded from company website or RTA portal.
• Unpaid/held dividends will be transferred to updated bank accounts.
• Six-month annual reminder; six months from year-end to complete updation.
• If already furnished, please ignore; no further action required.
• Nomination update: SH-13 and ISR-3 forms; ensure transmission.

Cessation of Independent Director

• Prof. (Dr.) K. Jayaprasad ceased as Independent Director on 14 April 2026.
• Cessation due to completion of one-year tenure ending 14 April 2026.
• Appointment was based on Cabinet Appointments Committee approval dated 12 March 2025.
• Tenure started on 15 April 2025 as Non-Official (Independent) Director.
• Change notified by Shipping Corporation of India Land and Assets Limited.