Mazagon Dock Shipbuilders Limited (MDL), a prominent government-owned shipbuilding company, has announced a board meeting scheduled for October 27, 2025. The meeting agenda includes two significant items that may interest investors and market watchers.

Key Meeting Agenda

1. Financial Results Review: The board will consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2025. This review will cover both standalone and consolidated financial statements.

2. Interim Dividend Consideration: The board will deliberate on the declaration of the first interim dividend for the Financial Year 2025-26.

Trading Window Closure

In line with regulatory requirements and the company's commitment to fair trading practices, MDL has implemented a trading window closure. This measure affects designated persons and their immediate relatives who deal in the company's equity shares.

The trading window closure is in accordance with the Company's Code of Conduct for Prohibition of Insider Trading and the applicable provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended.

Investor Information

Shareholders and potential investors can access the official notice regarding this board meeting on the following platforms:

• Mazagon Dock Shipbuilders' website ( www.mazagondock.in )
• BSE Limited website ( www.bseindia.com )
• National Stock Exchange of India Limited website ( www.nseindia.com )

This announcement underscores MDL's commitment to transparency and compliance with regulatory standards. Investors and market analysts may be interested in the Q2 results and any potential dividend announcement following the board meeting.

Mazagon Dock Shipbuilders Limited , a prominent Indian defense public sector undertaking, has taken a significant step in strengthening its submarine capabilities. The company has entered into an exclusive memorandum of understanding (MoU) with Naval Group, a global leader in naval defense, focusing on Scorpene submarines.

Key Highlights of the Partnership

• Exclusivity: The agreement establishes an exclusive partnership between Mazagon Dock Shipbuilders and Naval Group.
• Focus Area: The collaboration specifically targets submarine-related activities.
• Submarine Type: The MoU centers around Scorpene submarines, known for their advanced technology and stealth capabilities.

Implications for India's Naval Defense

This strategic alliance between Mazagon Dock Shipbuilders and Naval Group could have far-reaching implications for India's naval defense capabilities:

1. Technology Transfer: The partnership may facilitate the transfer of advanced submarine technology to India.
2. Indigenous Manufacturing: It could boost India's efforts in indigenous submarine manufacturing.
3. Modernization: The collaboration may contribute to the modernization of India's submarine fleet.

About Scorpene Submarines

Scorpene submarines are known for their:

• Advanced stealth features
• Superior combat capabilities
• Ability to operate in diverse maritime environments

This exclusive partnership signifies a major development in India's naval defense sector, potentially enhancing the country's submarine warfare capabilities and promoting self-reliance in defense manufacturing.

While the specific terms and duration of the MoU have not been disclosed, this collaboration between Mazagon Dock Shipbuilders and Naval Group marks a significant step in India's ongoing efforts to strengthen its naval defense infrastructure.