Cochin Shipyard Ltd Share Price

Summary

Cochin Shipyard Limited (CSL) has been conferred as Schedule A, Category-I CPSE under the Ministry of Shipping, Govt. of India in July, 2023. As at March 31, 2024, the Government of India holds 72.86% of equity share capital in the Company. The Company was founded in March, 1972 as a fully owned Government of India company. In April 1972, the foundation stone was laid for hull shop of the company. The company commenced the shipbuilding operations in 1978. The Company is engaged into construction of vessels and repairs and refits of all types of vessels including upgradation of ships, periodical lay-up repairs and life extension of ships. The Company built and repaired some of the largest ships in India. Over the years, it responded to fluctuations in the shipbuilding requirements of the markets and has evolved from building bulk carriers to smaller and more technically sophisticated vessels such as Platform Supply Vessel (PSV) and Anchor Handling Tug Supply Vessel (AHTS). It has worked with several leading technology firms in the industry including Rolls Royce Marine (Norway), GTT (France), Vard Group (Norway) etc. CSLs key shipbuilding clients on the domestic front include the Indian Navy, the Indian Coast Guard and the Shipping Corporation of India Limited. The first ship to roll out of the Company was the MV Rani Padmini in the year 1981. In July 1981, the company delivered the first ship MV Rani Padmini. The Company commenced ship repair operations in the year 1981. They
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