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The Shipping Corporation of India has announced a board meeting to address the Supreme Court's directive to implement the Central Government Industrial Tribunal's order to absorb and regularize canteen workers from the LalBavta Union, contingent on their medical fitness and being below retirement age. With the Supreme Court dismissing SCI's appeal, the company is now assessing the financial implications of this directive, including potential payables. This development may signal increased operational costs for SCI, potentially impacting investor sentiment, with a neutral to cautious outlook as the company navigates these changes.
All announcements from Shipping Corporation Of India Limited