The board of The Shipping Corporation of India Limited meeting held on May 17, 2024, the Board has recommended a dividend of INR 0.50 per equity share of face value of INR 10 each i.e., 5% per share, subject to the approval of the shareholders at the upcoming Annual General Meeting (AGM) of the Company. The said dividend if declared would be paid within 30 days from the date of its declaration at the AGM.