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Mazagon Dock Shipbuilders Ltd. has clarified recent media reports concerning the acquisition of three additional Scorpene-class submarines under Project 75. The company stated that this project is still in process at the Ministry of Defence and that they have yet to receive any final communications regarding it. This update suggests that while there is interest in expanding the submarine fleet, no concrete progress has been made, potentially indicating delays in execution. For investors, the absence of definitive news might present a cautious outlook, given the project's uncertain timeline and its implications for future revenue streams.