Sector & Market
Cochin Shipyard Promoter Sells 12.05 Crore Shares
Bulk Deal
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
10th Jul 2026
Key Quantitative Figures
- Number of equity shares sold: 1,20,49,170
- Total transaction value: ₹1,713.28 Crores
- Pre-transaction promoter holding: 17,86,71,239 equity shares (67.91%)
- Post-transaction promoter holding: 16,66,22,069 equity shares (63.33%)
- Holding reduction: 4.58 percentage points
Dates of Action
- Transaction dates: July 07, 2026 and July 08, 2026
- Disclosure date to company: July 09, 2026
- Company filing date: July 10, 2026
Parties Involved
- Seller: President of India acting through the Ministry of Ports, Shipping and Waterways, Government of India (Promoter)
- Authorized signatory: Vipul Singhal, Director, Ministry of Ports, Shipping and Waterways
- Filing made to: BSE Limited and National Stock Exchange of India Ltd.
Transaction Details
- Method: Offer for sale through stock exchange mechanism
- Security type: Equity shares
- PAN status: EXEMPT (Government entity)
- Value excludes taxes, brokerage, and other charges
- No derivative trading involved in the transaction
Capital Structure Impact
- Promoter holding reduced from 67.91% to 63.33%
- Total shares outstanding: Approximately 26.3 crore shares (based on percentage holdings)
- No change in total share capital mentioned
Additional Information
- Promoter address: Transport Bhawan, Parliament Street, New Delhi - 110001
- Company address: Administrative Building, Cochin Shipyard Premises, Perumanoor, Kochi - 682015, Kerala
- Document signed digitally by Company Secretary on July 10, 2026