Mazagon Dock Shipbuilders Announces Cessation of Independent Director
Mumbai, February 23, 2026: Mazagon Dock Shipbuilders Ltd. (MAZDOCK), a Government of India undertaking, has informed the stock exchanges about the cessation of Shri Dattaprasad Prabhakar Kholkar as a Non-Official Independent Director on its Board.
The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Completion of Three-Year Tenure
According to the company’s filing, Shri Dattaprasad Prabhakar Kholkar (DIN: 10054086) has ceased to be an Independent Director with effect from February 23, 2026, following the completion of his three-year tenure.
He was originally appointed to the Board on February 23, 2023, for a fixed term of three years.
The company clarified that the cessation is in line with the completion of his term and does not arise from any other reason.
Regulatory Disclosure
The intimation was submitted to:
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BSE Limited (Scrip Code: 543237)
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National Stock Exchange of India Limited (Symbol: MAZDOCK)
The filing was signed by Lalatendu Acharya, Company Secretary and Compliance Officer of the company.
About Mazagon Dock Shipbuilders
Headquartered in Mumbai, Mazagon Dock Shipbuilders Limited is one of India’s leading defence public sector undertakings engaged in the construction of warships and submarines for the Indian Navy. The company is listed on both the BSE and NSE and plays a strategic role in strengthening India’s maritime defence capabilities.