Cochin Shipyard Promoter to Sell 5.04% Stake via OFS

Cochin Shipyard Limited's promoter, the President of India, acting through the Ministry of Ports, Shipping and Waterways, plans an Offer for Sale (OFS) of up to 5.04% of the company's equity shares. The base offer size is 2.52% (66,29,636 shares), with an oversubscription option to sell an additional 2.52% (66,29,636 shares). The OFS will be conducted on July 7, 2026, for non-retail investors and July 8, 2026, for retail investors, employees, and carry-forward bids. Additionally, up to 0.20% of shares may be offered to employees. This OFS is being conducted under SEBI guidelines for companies with a market capitalization above INR 1,000 Crores.