Govt extends Cochin Shipyard's interim CMD's tenure by 7 months

The government has extended the additional charge of the post of Chairman and Managing Director (CMD) of Cochin Shipyard Ltd

held by Jose V J, Director (Finance), for a further period of seven months with effect from August 1, 2026, the company said in an exchange filing.

The extension was approved by the Appointments Committee of the Cabinet (ACC) under the Department of Personnel and Training and communicated by the Ministry of Ports, Shipping and Waterways on July 29, 2026, according to the filing.

Jose V J has been holding the additional charge of the top post following the retirement on superannuation of former Chairman and Managing Director Madhu Sankunny Nair. The company had earlier informed the stock exchanges on June 1, 2026, about the entrustment and subsequent extension of the additional charge.

As per the latest approval, Jose V J will continue to discharge the responsibilities of the Chairman and Managing Director in addition to his role as Director (Finance) for another seven months from August 1, 2026. The arrangement will remain in force until a regular incumbent assumes charge of the post or until further orders, whichever is earlier.

Cochin Shipyard informed the stock exchanges that the communication has been placed on record as a general update for shareholders and other stakeholders.

Shares of Cochin Shipyard closed 1.26% higher at ₹1,400 on the NSE on Wednesday.