Cochin Shipyard Limited (COCHINSHIP)
Please refer the attachment
Board approved joint venture with Drydocks World Dubai (DDW) to form a private JVCo. at Kochi for operating CSL's International Ship Repair Facility (ISRF). JVCo. will own and manage ISRF with equal 50% shareholding. ISRF valued at Rs. 1,800 Cr transferred on slump sale basis; CSL to receive 50% cash and 50% shares in JVCo. JV aims to augment capacity by adding 10 workstations and enhance ship repair quality and efficiency. JV aligns with Maritime India Vision 2030 and Govt's Aatmanirbhar Bharat. Approvals pending; JV agreement signing planned for Sept 11, 2026.
Source: Original filing PDF
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🚨 COCHINSHIP — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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