Mazagon Dock Shipbuilders Limited has informed the Exchange regarding appointment of Shri. Dinesh Mahur as the Government Nominee Director of the Company in place of Shri. Rajeev Prakash.
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Mazagon Dock Shipbuilders has announced a change in its Board composition effective 30 April 2026. Shri Dinesh Mahur, currently Additional Secretary in the Department of Defence Production, Ministry of Defence, has been appointed as the Government Nominee Part-Time Official Director. He replaces Shri Rajeev Prakash, whose nomination was withdrawn by the Ministry of Defence. The appointment will remain in effect until further orders from the Ministry. Shri Mahur holds an engineering degree from NIT Allahabad and a PGDM in Public Policy from MDI Gurugram, with extensive experience across multiple ministries including Home Affairs, Telecom, and Mines.
This is a routine change reflecting the replacement of one government-nominated director with another, typical for government-owned enterprises. No immediate impact on company operations or stock price is expected as the incoming director is a senior bureaucrat with relevant domain experience in defence production.