Cochin Shipyard Ltd

Cochin Shipyard Limited has been fined ₹9,66,420 each by BSE and NSE for non-compliance with SEBI LODR Regulations. The violations include insufficient independent directors and non-compliance with audit and remuneration committee constitution during the quarter ended June 30, 2026. The company attributes the lapses to delays in government appointments of directors. While a new independent director was appointed on August 17, 2026, leading to committee reconstitution, the company plans to request a waiver for the fines, citing reasons beyond its control. The financial impact is limited to the fine amount.

Cochin Shipyard Ltd announced the appointment of Dr. Vani Ahluwalia as a Non-official (Independent) Director to its Board. The appointment, made by the Ministry of Ports, Shipping and Waterways, is for a term of three years commencing August 17, 2026. Dr. Ahluwalia, a medical professional and public health administrator with over 25 years of experience, is not related to any existing directors and meets all eligibility criteria. Her appointment is expected to bring diverse expertise to the company's governance.

Cochin Shipyard Ltd has been fined a total of ₹19.11 Lakhs (including GST) by BSE and NSE for non-compliance with SEBI LODR Regulations concerning the composition of its Board of Directors and the constitution of its Audit and Nomination & Remuneration Committees. The non-compliance stems from the absence of a sufficient number of independent directors. The company's Board acknowledged that the appointment of directors rests with the Government of India. While one independent director has been appointed, the appointment of five others is pending. The Board has resolved to continue follow-ups with the Ministry of Ports, Shipping & Waterways and to seek waivers from the stock exchanges upon achieving compliance.

Cochin Shipyard Limited announced its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 14, 2026. The filing includes the statement of financial results and the limited review report. The company provided consolidated figures for revenue from operations, other income, total income, expenses, profit before tax, tax expense, profit for the period, other comprehensive income, and total comprehensive income. Paid-up equity share capital and reserves were also detailed, along with basic and diluted earnings per share.

Cochin Shipyard Limited announced its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 14, 2026. The filing includes the statement of financial results and the limited review report. The results cover both standalone and consolidated figures for the specified quarter.

Cochin Shipyard Limited has announced the appointment of Shri Subramanian K K to its Senior Management Personnel. This change is effective August 11, 2026, following his promotion to General Manager (Employee Relations) at E7 Level. Shri Subramanian K K, aged 57, holds a Master of Arts in Personnel Management and Industrial Relations from Mahatma Gandhi University. He joined Cochin Shipyard in October 2015 and has extensive experience in Human Resources, Employee Relations, Welfare, and Industrial Relations.

Cochin Shipyard Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda for this meeting is to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. Following the announcement of these results, the trading window, which commenced on July 1, 2026, will reopen 48 hours after the results are made public.

Cochin Shipyard Ltd announced that the additional charge of Chairman & Managing Director (CMD) for Shri Jose V J, Director (Finance), has been extended. This extension is for a further period of 7 months, effective August 01, 2026. The extension is granted until a regular incumbent assumes charge or until further orders, whichever is earlier. This follows the retirement of the previous CMD, Shri Madhu Sankunny Nair. The Ministry of Ports, Shipping and Waterways, Government of India, communicated this approval from the Appointments Committee of the Cabinet, Department of Personnel and Training.

Cochin Shipyard Ltd has announced the appointment of Shri Mukesh Mangal ITS and Smt. Anupama T. V. IAS as Part-time Official (Nominee) Directors on its Board. This appointment, effective July 17, 2026, is made by the Ministry of Ports, Shipping and Waterways (MoPSW), Government of India. They replace Shri Venkatesapathy S IAS and Shri P.B Nooh IAS, who have ceased to be directors. Both new appointees are unrelated to existing directors and are qualified to hold the office. Shri Mangal brings extensive experience in telecommunications, security, and maritime projects, while Smt. Anupama T. V. has a strong background in public administration and engineering.

The President of India, acting through the Ministry of Ports, Shipping and Waterways, has sold 1,20,49,170 equity shares of Cochin Shipyard Limited. The sale, conducted via an offer for sale through the stock exchange mechanism on July 07 and 08, 2026, aggregated to ₹1,113.28 Crores. This disclosure is made in compliance with Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.