Cochin Shipyard Limited has announced that it has received an ESG rating from SES ESG Research Pvt. Ltd, marking another milestone in its corporate governance journey. The company disclosed this development under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Details

The rating agency has assigned Cochin Shipyard Limited an ESG score of 60.3, corresponding to Grade B. This assessment reflects the company's performance across Environmental, Social and Governance parameters as evaluated by SES ESG Research Pvt. Ltd.

Independent Assessment

The company emphasized that this rating was conducted independently by SES ESG Research Pvt. Ltd. Cochin Shipyard Limited clarified that it did not engage the rating agency for this ESG assessment. Instead, SES ESG prepared the report based on data available in the public domain, demonstrating the agency's independent evaluation methodology.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI LODR Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The information was received by the Company Secretary on February 12, 2026, and promptly communicated to the stock exchanges.

Rating Accessibility

The complete ESG rating report published by SES ESG Research Pvt. Ltd can be accessed through their official website at https://www.sesesg.com/all-esg-reports . This provides stakeholders and investors with transparent access to the detailed assessment of the company's ESG performance.

The ESG rating serves as an important benchmark for investors and stakeholders to evaluate the company's commitment to sustainable business practices and corporate responsibility across environmental, social, and governance dimensions.

Cochin Shipyard Limited has announced updates to its Key Managerial Personnel authorization framework following the retirement of its Chairman and Managing Director and subsequent interim leadership arrangements.

Leadership Transition Details

The company disclosed under Regulation 30 of SEBI LODR Regulations that Shri Madhu Sankunny Nair, Chairman and Managing Director, retired on superannuation from his services on January 31, 2026. This marks the end of his tenure at the helm of the state-owned shipbuilding company.

Interim Leadership Arrangement

To maintain leadership continuity, Shri Jose V J, currently serving as Director (Finance), has been appointed to hold additional charge of the Chairman and Managing Director position. This appointment comes through a directive from the Ministry of Ports, Shipping and Waterways, Government of India, issued via letter no. SY-11011/1/2009-CSL dated January 28, 2026.

The interim arrangement is structured for a specific timeframe, with Jose V J holding the additional charge for a period of 3 months effective February 01, 2026, or until further orders from the ministry, whichever occurs earlier.

Updated Key Managerial Personnel Authorization

Pursuant to Regulation 30(5) of SEBI LODR Regulations, the company has updated its list of Key Managerial Personnel authorized by the Board of Directors for determining materiality of events and making disclosures to stock exchanges.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both major stock exchanges - BSE Limited and The National Stock Exchange of India Ltd. - about these changes. The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates disclosure of material events and information.

This update ensures proper governance structure and compliance framework remains in place during the leadership transition period, with clearly defined personnel responsible for regulatory disclosures and materiality assessments.