Mazagon Dock Shipbuilders (MAZDOCK) — Announcement

Mazagon Dock Shipbuilders Limited announced the commissioning of the indigenous stealth frigate INS Mahendragiri into the Indian Navy at Visakhapatnam on 11 July 2026, a milestone under Project 17A that underscores India's Atmanirbhar Bharat and Make in India defence initiatives. The vessel, built with approximately 75% indigenous content, marks a significant advancement in naval engineering and maritime security capabilities.

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About Mazagon Dock Shipbuilders Limited (MAZDOCK)

Capital Goods · Aerospace & Defence · Listed on NSE

Market Cap: ₹1,00,038.24 Cr P/E: 35.0 ROE: 27.6% ROCE: 35.3% Div Yield: 0.73%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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