Business Update11 Feb 2025, 04:30 pm
Mazagon Dock Shipbuilders Yet to Receive Communication on Additional Submarines
AI Summary
In a disclosure under Regulation 30(11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Mazagon Dock Shipbuilders Ltd. has clarified news items circulating in the mainstream media regarding the 3 additional submarines of Scorpene class under the Project 75. The project is still under process at the Ministry of Defence (MoD) and the company is yet to receive any final communication in this regard.
Key Highlights
- Mazagon Dock Shipbuilders Ltd. has issued a clarification regarding news items about 3 additional submarines of Scorpene class under Project 75.
- The project is still under process at the Ministry of Defence (MoD).
- The company is yet to receive any final communication regarding the project.
- The disclosure was made under Regulation 30(11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.