New Delhi: Cochin Shipyard Limited (CSL) has acquired a 23% equity stake in Conoship International Holding B.V., a Netherlands-based company.
The company informed the stock exchange board that it signed the share transfer deed with Conoship's shareholders on 28 October 2026, completing all steps related to the transaction
Before this, CSL had executed a Share Purchase Agreement and a Shareholders' and Cooperation Agreement for the acquisition. With the signing of the transfer deed, the process has concluded.
The development strengthens Cochin Shipyard's strategic presence in the international ship design market through its newly acquired stake in the Dutch firm.
The intimation has been submitted to BSE and NSE under the applicable SEBI Listing Regulations.
