News

Cochin Shipyard Limited (CSL) announced that its board of directors has approved a joint venture with Drydocks World Dubai – FZCO (DDW) to form a private limited company, JVCo., incorporated under the Companies Act, 2013, with its registered office in Kochi, Kerala. The joint venture will operate and manage CSL’s International Ship Repair Facility (ISRF) at Willingdon Island, Kochi, with a consideration of not less than Rs 1,800 Crores, 50% of which will be paid to CSL in cash and the remainder in shares of the JVCo.

Cochin Shipyard Limited has set September 18, 2026, as the record date for determining entitlement to a final dividend of Rs 1.50 (30%) per equity share with a face value of Rs 5 for the financial year 2025-26, according to a filing with the Bombay Stock Exchange and the National Stock Exchange of India. The dividend will be disbursed, subject to tax deductions, by October 28, 2026, pending approval at the company’s 54th Annual General Meeting scheduled for September 29, 2026.

Cochin Shipyard Limited announced that the Ministry of Ports, Shipping and Waterways (MoPSW), Government of India, has appointed Dr. Vani Ahluwalia as a Non-official (Independent) Director on the company’s board for a period of three years from August 17, 2026.

Cochin Shipyard Limited announced on August 11, 2026, the appointment of Shri Subramanian K K as a Senior Management Personnel, effective the same date, following his promotion to General Manager (Employee Relations) (E7 Level). Shri Subramanian K K, aged 57, holds a Master of Arts in Personnel Management and Industrial Relations from Mahatma Gandhi University and joined Cochin Shipyard Limited in October 2015 as Assistant General Manager (HR).

Cochin Shipyard announced that the President of India acting through the Ministry of Ports, Shipping and Waterways, Government of India (Promoter) has sold 1,20,49,170 equity shares of Cochin Shipyard aggregating to Rs. 1,713.28 crore, on 07 July and 08 July 2026 by way of an offer for sale through the stock exchange mechanism.