MoU17 Oct 2025, 08:01 pm
Mazagon Dock Shipbuilders Ltd Signs Exclusive MOU with Naval Group, France for Evolved Scorpene Submarines
AI Summary
Mazagon Dock Shipbuilders Ltd (MDL) has announced that it has signed an exclusive Memorandum of Understanding (MOU) with Naval Group, France. The MOU is for offering the evolved Scorpene Submarines to a friendly country for its ongoing submarine acquisition program. This announcement was made on Thursday, 16th October 2025, in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- MDL has signed an exclusive MOU with Naval Group, France
- The MOU is for offering evolved Scorpene Submarines to a friendly country
- The announcement was made on 16th October 2025
- The MOU signing is in compliance with SEBI (LODR) Regulations, 2015