Mazagon Dock Shipbuilders (MDL) has delivered the First Stealth Frigate of Project 17A Class Ship and the Fourth Stealth Destroyer of Project 15B Class Guided Missile Destroyer i.e. Yard 12707 (SURAT) to the Indian Navy on 20 December 24. Both the warships have been designed by the Indian Navy`s Warship Design Bureau, constructed by MDL and overseen by Warship Overseeing Team, Mumbai. Nilgiri is the First of Class (FoC) ship of Project 17A. This Ship features cutting edge advanced technology and is comparable to the finest ships of similar class anywhere in the world. Nilgiri is designed indigenously by the Indian Navy`s Warship Design Bureau, New Delhi. Nilgiri incorporates the design concepts for improved survivability, sea keeping, stealth and ship manoeuvrability. Nilgiri is state of the art having stealth feature and the same have been achieved through shaping of hull and use of radar transparent deck fittings which make ships difficult to detect. This ship is packed with an array of state of the art weapons and sensors and have allround capability against enemy submarines, surface warship, anti-ship missiles, fighter aircraft. Ship has mounted with Guns for close in defence capability and effective naval gunfire. Nilgiri is enabled to operate independently without supporting vessels, and also to function as the flagship of Naval task force. With significant indigenous content, this ship is a true hallmark of self-reliance attained by our country in Warship Design and Shipbuilding and a shining example of the `Make in India` philosophy by the Government of India. urat is the fourth ship of Project 15B and is a potent platform capable of undertaking a variety of tasks and missions, spanning the full spectrum of maritime warfare. It is armed with supersonic Surface-to-Surface `Brahmos` missiles and `Barak-8> Medium Range Surface to Air Missiles. Towards undersea warfare capability the Destroyer is fitted with indigenously developed anti-submarine weapons and sensors, prominently the Hull mounted Sonar Humsa NG, Heavy weight Torpedo Tube Launchers and ASW Rocket Launchers. Significantly more versatile than the previous classes of Destroyer and Frigates in Naval inventory, SURAT`s all-round capability against enemy submarines, surface warships, anti-ship missiles and fighter aircraft will enable it to operate independently without supporting vessels and also to function as the flagship of a Naval task force. Powered by Capital Market - Live News

Mazagon Dock Shipbuilders has fixed 27 December 2024 as record date for the purpose of determining the eligibility of shareholders for sub-division/ split of existing 1 (One) equity share of face value of Rs. 10 each fully paid up into 2 (Two) equity shares of face value of Rs. 5/- each fully paid up. Powered by Capital Market - Live News

Net profit of Mazagon Dock Shipbuilders rose 75.76% to Rs 585.08 crore in the quarter ended September 2024 as against Rs 332.88 crore during the previous quarter ended September 2023. Sales rose 50.84% to Rs 2756.83 crore in the quarter ended September 2024 as against Rs 1827.70 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2756.831827.70 51 OPM %18.529.66 - PBDT763.84426.83 79 PBT740.49406.64 82 NP585.08332.88 76 Powered by Capital Market - Live News

Mazagon Dock Shipbuilders will hold a meeting of the Board of Directors of the Company on 5 November 2024Powered by Capital Market - Live News

Mazagon Dock Shipbuilders announced that the Board of Directors of the Company at its meeting held on 22 October 2024, inter alia, have recommended the interim dividend of Rs 23.19 per equity Share (i.e. 231.9%) , subject to the approval of the shareholders.Powered by Capital Market - Live News