Cochin Shipyard Limited has announced the extension of Chairman & Managing Director Shri Madhu Sankunny Nair's tenure till January 31, 2026. The decision was approved by the Appointments Committee of the Cabinet, Department of Personnel and Training, Government of India, as communicated through the Ministry of Ports, Shipping and Waterways.
Leadership Continuity
The extension details are outlined in the following table:
| Parameter: |
Details |
| Current Position: |
Chairman & Managing Director |
| DIN Number: |
07376798 |
| Extended Tenure Till: |
January 31, 2026 |
| Original Appointment: |
January 01, 2016 to December 31, 2020 |
| Approving Authority: |
Appointments Committee of the Cabinet |
The company has confirmed that Shri Madhu Sankunny Nair is not related to any existing Directors and meets all regulatory compliance requirements. He is not debarred from holding directorship by SEBI or any other authority and is not disqualified under Section 164 of the Companies Act, 2013.
Professional Background and Qualifications
Shri Madhu Sankunny Nair brings extensive expertise to his leadership role. He holds a Bachelor of Technology degree in Naval Architecture and Ship Building from Cochin University of Science & Technology, achieved in first class. His academic credentials are further strengthened by a Masters in Engineering in Naval Architecture and Ocean Engineering from Osaka University, Japan.
His international training includes specialized programs at IHI Shipyard in Kure, Japan, and JICA Specialized training at Overseas Vocational Training Centre (OVTA), Tokyo and Osaka International Centre, Osaka, Japan. He also conducted research at the Joining & Welding Research Institute during his Masters program.
Organizational Transformation
Under Nair's leadership since January 2016, Cochin Shipyard Limited has undergone significant transformation. The company evolved from a single unit operation to a comprehensive multi-unit organization comprising seven units spread across South, West & East coasts of India. This expansion includes the main yard for shipbuilding and ship repair, four dedicated ship repair units, and two subsidiaries.
Key achievements during his tenure include:
- Successful Initial Public Offer leading to company listing
- Upgrade to 'Schedule A' CPSE status, the highest categorization for a Central Public Sector Enterprise
- Strategic international collaborations with technology partners
- Securing significant international orders
Recognition and Additional Responsibilities
Nair's contributions to the maritime industry have earned him several prestigious recognitions. Recent accolades include the 2024 Management Leadership Award, Rotary Icon 2023 Award, CUSAT Distinguished Alumni Award 2022, and Samudra Manthan Prof K R Bhandarkar Award 2022, among others.
He holds fellowship memberships with The Royal Institution of Naval Architects, UK (RINA) and Institution of Naval Architects, India. Additionally, he serves as Chairman of both Hooghly Cochin Shipyard Limited and Udupi Cochin Shipyard Limited, the wholly owned subsidiaries of Cochin Shipyard Limited.
With over 37 years of professional experience since joining as Executive Trainee in June 1988, Nair has demonstrated comprehensive expertise across all aspects of shipyard management. His "people first policy" philosophy aims to transform the organization into a knowledge-based enterprise, emphasizing human capital development as a key strategic driver.
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