Cochin Shipyard Limited has informed the Exchange regarding Change in Director(s) of the company.
COCHINSHIP · price
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The Appointments Committee of the Cabinet, Government of India, has approved the extension of Shri Madhu Sankunny Nair's tenure as Chairman & Managing Director (CMD) of Cochin Shipyard Limited until his superannuation date of January 31, 2026. He was originally appointed for five years from January 1, 2016 to December 31, 2020, and this was subsequently extended from January 1, 2021 to December 31, 2025. The new approval effectively grants a one-month extension bridging his current term to his retirement date. He has over 37 years of experience at CSL, joining as an Executive Trainee in 1988, and has led the company through its IPO, upgrade to a Schedule A CPSE, and expansion into a multi-unit entity with seven units and two subsidiaries.
This provides continuity at the top leadership level for just one more month until his superannuation on January 31, 2026. Shareholders should expect a leadership transition process to follow shortly, as the company will need to identify and appoint a new CMD in early 2026.