Mazagon Dock Shipbuilders Ltd informed the stock exchanges on 24 August 2026 that the Ministry of Defence has appointed Shri K.M. Ravi Kumar as a part-time Non-Official (Independent) Director on its board. The Mazagon Dock independent director appointment was disclosed in a BSE filing submitted after the ministry issued its appointment letter dated 21 August 2026.

The government-owned shipbuilder said the appointment is for three years from the date of notification or until further orders, whichever is earlier. However, the filing clarified that the directorship has not yet taken effect because Ravi Kumar's Director Identification Number activation application is under process.

Effective date linked to DIN allotment

Under the terms disclosed by Mazagon Dock, if the appointee does not have an active DIN, his appointment will become effective from the date on which the DIN is allotted. The company will separately inform the exchanges once the effective date is established.

  • The Ministry of Defence issued the appointment communication on 21 August 2026.
  • K.M. Ravi Kumar has been named a Non-Official (Independent) Director.
  • The tenure is three years from the applicable notification date or until further orders, whichever occurs earlier.
  • The DIN activation process remains pending, and the effective appointment date will be communicated later.

The distinction between the ministry's appointment decision and its effective date is central to the disclosure. Mazagon Dock has therefore not specified the date on which Ravi Kumar will formally assume the board position.

Further regulatory disclosure to follow

Mazagon Dock said it will provide the additional information required under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, after the appointment becomes effective. The subsequent disclosure will be made in line with the SEBI master circular dated 30 January 2026 cited in the filing.

The communication was submitted to both BSE Limited and the National Stock Exchange of India. Mazagon Dock trades under BSE scrip code 543237 and the NSE symbol MAZDOCK. The filing was signed for the company by Lalatendu Acharya, Company Secretary and Compliance Officer.

The announcement is currently limited to the ministry's appointment decision, the proposed tenure and the pending DIN activation. No other details about Ravi Kumar or the effective composition of the board were included in the supplied filing.

Source: BSE corporate announcement.