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Cochin Shipyard Limited ( (IN:COCHINSHIP) ) has shared an announcement.
Cochin Shipyard Limited has been fined by BSE and NSE for non-compliance with SEBI LODR Regulations due to the absence of independent directors on its board. The company has addressed the issue by appointing Dr. Seema Suri as an independent director and is awaiting further appointments from the Government of India to fully comply. The company has requested a waiver of fines, and NSE has granted it, while a response from BSE is pending.
More about Cochin Shipyard Limited
Cochin Shipyard Limited operates in the shipbuilding and ship repair industry, primarily focusing on constructing vessels and providing maintenance services. The company serves both domestic and international markets, with a significant emphasis on government and defense contracts.
Average Trading Volume: 125,969
Technical Sentiment Signal: Buy
Current Market Cap: 462B INR
Learn more about COCHINSHIP stock on TipRanks’ Stock Analysis page.