Shipping Corporation of India Land and Assets Limited — Others, 21-08-2025: Shareholders meeting

SCILAL has announced its Annual General Meeting to be held virtually, presenting the financial results for the past fiscal year. The company posted a net loss of `189.38 Crore, mainly due to a `238.34 Crore deferred tax liability on its MTI Land, compared to a `47.49 Crore net profit previously. A `0.55 per equity share dividend is proposed. Asset transfer from the demerger continues, with Kolkata properties now registered. Board composition, previously non-compliant on independent directors, saw a recent appointment, and committee formations are underway. The company faced `53.83 lakh in fines for past governance non-compliance.