Mazagon Dock Shipbuilders: New Independent Director Appointed to Board

Mazagon Dock Shipbuilders Limited has announced the appointment of Shri K.M. Ravi Kumar as a Non-Official (Independent) Director to its Board. This appointment, made by the Ministry of Defence, is for a term of 3 years. The effective date of his appointment is contingent on the notification of his appointment or the allotment of his Director Identification Number (DIN), which is currently under process. Further details regarding the DIN activation will be intimated.

Board Strengthened with Independent Director Appointment

Mazagon Dock Shipbuilders Limited (MDL) has officially informed stakeholders about a significant change in its Board composition. The Ministry of Defence, through its letter dated 21 August 2026, has appointed Shri K.M. Ravi Kumar as a Non-Official (Independent) Director.

Appointment Details and Term

The appointment of Shri K.M. Ravi Kumar to the Board is for a period of 3 years. The tenure will commence from the date of notification of his appointment, or until further orders are issued, whichever is earlier. In instances where a Director Identification Number (DIN) is not yet available, the appointment becomes effective from the date of DIN allotment.

Next Steps and Future Intimation

It is noted that the DIN activation application for Shri K.M. Ravi Kumar is currently undergoing processing. Consequently, the definitive effective date of his appointment will be communicated once this process is complete. MDL commits to providing further disclosures as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, once the appointment is fully effective.

Source: BSE

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