Cochin Shipyard Limited — Important, 12-08-2025: Updates

Cochin Shipyard received a fine of approximately 0.14 Cr each from BSE and NSE for non-compliance regarding the appointment of independent directors and proper constitution of board committees. The company's Board acknowledged the issue, noting director appointments are controlled by the Government of India. One independent director has been appointed, enabling re-constitution of two committees. The company is actively pursuing the appointment of five more independent directors and has requested a waiver for fines where compliance has been achieved, continuing to follow up.