The Appointments Committee of the Cabinet (ACCC), Department of Personnel and Training, has approved the extension of the additional charge of the post of Chairman & Managing Director to Shri Jose V J at Cochin Shipyard Limited . The Ministry of Ports, Shipping and Waterways, Government of India, communicated this approval on July 29, 2026. The extension covers a period of 7 months w.e.f August 01, 2026, or until the assumption of charge by the regular incumbent, or until further orders, whichever is the earliest.

Shri Jose V J currently serves as Director (Finance) and holds the additional charge consequent to the retirement on superannuation of the then Chairman & Managing Director, Shri Madhu Sankunny Nair. This decision ensures continuity in leadership during the interim period before a permanent appointment is made.

Key Details of the Extension

This update follows a previous communication dated June 01, 2026, which informed stakeholders of the initial entrustment of the additional charge to Shri Jose V J. The Board of Directors has been informed of this development for record purposes.

Leadership Transition Context

The leadership transition at Cochin Shipyard Limited began with the superannuation of Shri Madhu Sankunny Nair. Shri Jose V J, who was already serving as Director (Finance), took on the additional responsibilities to maintain operational stability. The ACCC's approval formalizes this arrangement for another seven months, providing a defined timeline for the search and appointment of a permanent Chairman & Managing Director.

The company has submitted this general update to the Compliance Departments of BSE Limited and The National Stock Exchange of India Ltd. on July 29, 2026. The disclosure was signed by Syamkamal N., Company Secretary, Cochin Shipyard Ltd.

Cochin Shipyard Ltd has appointed Shri Mukesh Mangal and Smt. Anupama T. V. as Part-time Official (Nominee) Directors on its Board, effective July 17, 2026. The appointments follow a communication from the Ministry of Ports, Shipping and Waterways (MoPSW) and the Government of Kerala, which superseded the tenures of previous nominees Shri Venkatesapathy S and Shri P.B Nooh.

Shri Mukesh Mangal, an Indian Telecom Service (ITS) officer of the 1992 batch, serves as Additional Secretary in the MoPSW. He brings over 33 years of experience in internal security, cyber security, and telecommunication technology. His current portfolio includes heading the Vigilance, Shipping Unit & Sagarmala Wing, where he oversees the development of the National Maritime Heritage Complex. He also holds government nominee directorships in several other entities, including Chennai Port Authority and Shipping Corporation of India.

Smt. Anupama T. V., a 2010-batch Indian Administrative Service (IAS) officer of the Kerala cadre, is the Secretary of the Transport Department for the Government of Kerala. She holds additional charge of the Airports, Metro Rail, and Personnel and Administrative Reforms Departments. An Electronics Engineering graduate from BITS Pilani and a Master in Public Administration from Harvard University, she has previously held key positions such as District Collector of Thrissur and Alappuzha and Food Safety Commissioner.

The new directors are not related to each other or to any existing directors of the company. Furthermore, they have not been debarred from holding the office of Director by any SEBI order or other authority, nor are they disqualified under Section 164 of the Companies Act, 2013.

Board Changes

The appointments result in the cessation of directorships for the outgoing nominees. Shri Venkatesapathy S, Joint Secretary, MoPSW, and Shri P.B Nooh, former Special Secretary, Transport Department, Government of Kerala, ceased to be Directors effective July 17, 2026.