Mazagon Dock Shipbuilders Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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The Ministry of Defence, acting on behalf of the President of India, has submitted a disclosure confirming they hold 32,76,18,501 equity shares of Rs. 5/- each in Mazagon Dock Shipbuilders Limited as of 31st March 2026. The key declaration states that the promoter group has NOT made any encumbrance (pledge) on these shares, either directly or indirectly, during the financial year ending 31st March 2026. This is a standard regulatory filing by a government-owned company to confirm shareholding and pledge status.
This is a positive disclosure confirming no pledge on the Government of India's shares, which removes any concern about encumbrance on the promoter's stake. For retail investors, this indicates stability in promoter holding with no hidden collateral risks.