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Mazagon Dock Shipbuilders LimitedOthers, 18-04-2025: Disclosure under SEBI Takeover Regulations

18-04-2025 | 07:53 pm

Mazagon Dock Shipbuilders Ltd. has disclosed that the President of India, through the Ministry of Defence, holds 34.22 crore equity shares (face value Rs. 5 each) as of March 31, 2025. Notably, there have been no encumbrances on these shares during the financial year. This update highlights the government's continued backing and ownership in the company, which could bolster investor confidence amid ongoing operations. The absence of encumbrances also suggests a stable financial position, presenting a positive outlook for shareholders regarding the company's governance and share stability.

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