Cochin Shipyard Postal Ballot Results: ISRF Transfer & Dubai JV Deal Approved
Mumbai, November 09, 2026 — Cochin Shipyard Limited (BSE: 540678 | NSE: COCHINSHIP) today informed the stock exchanges that its shareholders have approved both resolutions proposed through the postal ballot conducted exclusively via remote e-voting.
The resolutions, detailed in the Postal Ballot Notice dated October 08, 2026, were passed with the requisite majority on November 07, 2026. The Scrutiniser’s report was received by the company on November 09, 2026.
Key Resolutions Passed
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Transfer of the ISRF Undertaking
Special Resolution under Section 180(1)(a) of the Companies Act, 2013 and Regulation 37A(1) of the SEBI Listing Regulations.-
Votes in favour: 20,09,68,378 (99.9960%)
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Votes against: 8,020 (0.0040%)
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Total votes cast: 20,09,76,398
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Material Related Party Transaction with the joint venture company proposed to be incorporated by Cochin Shipyard Limited and Drydocks World – Dubai FZCO.
Ordinary Resolution.-
Votes in favour: 3,43,46,389 (99.9782%)
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Votes against: 7,481 (0.0218%)
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Total votes cast: 3,43,53,870
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Voting Process Details
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The Board approved the postal ballot proposal on September 09, 2026.
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Remote e-voting was open from 09:00 Hrs IST on October 09, 2026 to 17:00 Hrs IST on November 07, 2026.
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Cut-off date for eligibility: October 06, 2026 (total members: 9,71,700).
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Scrutiniser: CS Sreekumar P. S. (FCS 8130, CP 8067), Partner, SVJS & Associates, Practising Company Secretaries, Kochi.
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e-Voting was facilitated by Central Depository Services (India) Limited (CDSL).
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Notice was sent only through electronic mode in line with MCA Circulars.
Both resolutions were duly passed with the requisite majority on November 07, 2026.
The company has filed the summary of proceedings with BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.