Mazagon Dock Shipbuilders Limited has informed the Exchange regarding Cessation of Mr Dattaprasad Kholkar as Non- Executive Independent Director of the company w.e.f. February 23, 2026.
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Mazagon Dock Shipbuilders has informed the stock exchanges that Mr. Dattaprasad Prabhakar Kholkar (DIN: 10054086) ceases to be a Non-Executive Independent Director on the company's board with effect from 23 February 2026. This is on completion of his 3-year tenure, which began on 23 February 2023 when he was appointed as a Non-Official Independent Director. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. No reasons for cessation beyond tenure expiry have been mentioned in the filing.
This is a routine, scheduled end of tenure for an independent director and is unlikely to have any material impact on the stock or operations. Investors may, however, watch for the timely appointment of a replacement independent director to maintain board composition as required under SEBI norms.