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BK Mandal to continue to hold additional charge of Shipping Corp CMD

NEW DELHI: Shipping Corporation of India (SCI) today said its Director ( Finance) B K Mandal will continue to hold the additional charge of Chairman & Managing Director till the month-end, or till a regular incumbent is appointed. 

"B K Mandal will hold additional charge of the post of the CMD of the firm for the further period of three months w.e.f. April 01, 2013 to June 31, 2013, or till a regular incumbent is appointed...," the state-run shipping company said in a filing to the BSE. 

Mandal was given the additional charge with effect from January 1, 2013 to March 31, 2013 after retirement of previous Chairman S Hajara on December 31, last year. Hajara was on a one-year extension. 

Shares of the company closed at Rs 34.20 apiece on the 
BSE, down 0.58 per cent, from their previous close.