Cochin Shipyard Limited — Others, 15-05-2025: Rumour Verification - Regulation 30(11)
15-05-2025 | 09:33 am
15-05-2025 | 09:33 am
Cochin Shipyard has clarified that it is exploring strategic initiatives aligned with government plans to enhance shipbuilding and repair but has no confirmed project worth Rs 10,000 crore or material developments to share. Speculative media reports about discussions with HD Hyundai are unfounded, and the company has not made any official announcements on this. This clarification addresses market rumors that impacted recent share price movements, underscoring there is no new significant deal or partnership at this time.
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