Date: October 28, 2026
Acquisition / Strategic Actions
Cochin Shipyard Limited has completed the acquisition of a 23% equity stake in Conoship International Holding B.V., Netherlands. The company executed the final deed for transfer of shares with the shareholders of Conoship on October 28, 2026, marking the completion of all formalities for this acquisition.
This transaction follows the execution of a Share Purchase Agreement and a Shareholders' And Cooperation Agreement with the Shareholders of Conoship International Holding B.V., which was previously intimated to the exchanges on September 24, 2026.
The acquisition represents a strategic international investment for Cochin Shipyard Limited in the Netherlands-based shipping company.
Regulatory Disclosure
This announcement serves as a regulatory filing to both BSE Limited and The National Stock Exchange of India Ltd. regarding the completion of the acquisition formalities.