Mazagon Dock Shipbuilders Ltd

Mazagon Dock Shipbuilders Ltd has announced that its Board of Directors will convene on October 27, 2026. The meeting agenda includes the consideration and approval of the Unaudited Financial Results (Standalone & Consolidated) for the quarter and period ended September 30, 2026. Additionally, the Board will discuss the declaration of an Interim Dividend for the Financial Year 2026-27. The company also reiterated that the trading window for MDL Equity Shares remains closed until October 29, 2026, as per SEBI regulations.

Mazagon Dock Shipbuilders Limited (MDL) has clarified that it will not proceed with the Thoothukudi shipyard project. The company has been selected as the Anchor Shipyard for Greenfield Shipbuilding Industrial Clusters at Dighi, Maharashtra, and Dugarajapatnam, Andhra Pradesh, under the Maritime Amrit Kaal Vision (MAKV) 2047. MDL had previously explored the Thoothukudi project but did not pursue it further after the Joint Venture company, formed by a Tamil Nadu State Government entity and V.O. Chidambaranar Port Authority, selected another shipyard as the Anchor Shipyard for that cluster. MDL is currently focusing on the development of the Dighi and Dugarajapatnam clusters.

Mazagon Dock Shipbuilders Limited has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in effect from October 1, 2026, and will continue until 48 hours after the declaration of the company's financial results for the quarter and period ending September 30, 2026. The specific date for the Board meeting to consider these financial results will be communicated later. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Mazagon Dock Shipbuilders Limited announced the extension of Shri Biju George's tenure as Director (Operations). The Ministry of Defence has approved the extension effective October 27, 2026, until his superannuation on February 28, 2029, or until further orders, whichever is earlier. This follows an earlier communication on October 27, 2021.

Mazagon Dock Shipbuilders Limited (MDL) has signed a Memorandum of Understanding (MoU) with the National Shipbuilding & Heavy Industries Park Andhra Pradesh (NSHIPAP). This agreement positions MDL as the Anchor Shipyard for a proposed Greenfield Shipbuilding Industrial Cluster at Dugarajapatnam, Andhra Pradesh. The initiative aims to establish a globally competitive shipbuilding and marine ecosystem in India, with the envisioned shipyard having an annual capacity of at least 1.2 million Gross Tonnage.

Mazagon Dock Shipbuilders Limited (MDL) has signed a Memorandum of Understanding (MOU) with National Shipbuilding & Heavy Industries Park Maharashtra Limited (NSHIPML). Under this agreement, MDL will act as the Anchor Shipyard for a proposed Greenfield shipbuilding industrial cluster at Dighi, Maharashtra. This facility is envisioned to have an annual shipbuilding capacity of at least 1.2 million Gross Tonnage, aiming to construct large commercial vessels and foster a globally competitive maritime ecosystem. The initiative aligns with India's Maritime Amrit Kaal Vision 2047 (MAKV 2047) and signifies MDL's strategic expansion into commercial shipbuilding from its current focus on warships and submarines.

Mazagon Dock Shipbuilders Limited has announced the appointment of M/s. Sarda & Pareek LLP, Chartered Accountants, as the Statutory Auditors for the financial year 2026-27. This appointment was made following a letter from the Comptroller and Auditor General of India. Sarda & Pareek LLP, established in 1983, has 12 partners and offices in Mumbai, Bharuch, and Indore. The firm has extensive experience in auditing various types of companies, including banks and government entities.

Mazagon Dock Shipbuilders Limited has announced the appointment of Mr. K M Ravikumar as a Non-Executive Independent Director, effective September 7, 2026. His term is for three years or until further orders. Mr. Ravikumar brings extensive experience as an entrepreneur in structural fabrication, with a 38-year background in manufacturing mild steel materials and managing end-to-end operations. He is qualified with a BE in Mechanical Engineering from R V College of Engineering. The company affirms he is not debarred from holding a director position by any statutory authority.

Mazagon Dock Shipbuilders Ltd. has secured a significant order from Maharashtra State Electricity Transmission Co. Ltd. (MSETCL) for an AI-based comprehensive Infrasecure Project. The order, valued at ₹117.99 crore (including GST), involves the supply, installation, and commissioning of the project across five substations. The project is expected to be completed within 24 months. This contract marks a strategic move for Mazagon Dock into advanced infrastructure solutions.

Mazagon Dock Shipbuilders Ltd announced the appointment of Shri K. M. Ravi Kumar as a Part-time Non-official (Independent) Director on its Board. The appointment is effective from the date of activation of his Director Identification Number (DIN). The tenure is for a period of 3 years, or until further orders, whichever is earlier. The company will provide further updates once the DIN activation is complete and the effective date is confirmed, in compliance with SEBI regulations.