Mazagon Dock Shipbuilders Ltd | Colombo Dockyard Acquisition Update

• 🚢 Stake Acquired: MDL has completed the acquisition of 16,49,16,229 ordinary shares, representing 41.73% equity in Colombo Dockyard PLC. • 📌 Route: The stake arose from unsubscribed rights shares. • 📜 Next Step: MDL is initiating a mandatory offer to acquire additional shares from existing CDPLC shareholders, in line with Sri Lankan regulations. • 🔄 Outlook: Further updates to follow in due course. $MAZDOCK