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| Exchange Received Time 23/10/2017 17:00:09 Exchange Disseminated Time 23/10/2017 17:00:14 Time Taken 00:00:05 | The Ministry of Shipping, Government of India vide letter No. SY-11018/1/2010- HDPE dated March 29, 2017 had approved formation of Joint Venture Company between Cochin Shipyard Ltd and Hooghly Dock & Port Engineers Limited for upgradation and modernization of shipbuilding infrastructure at the two shipyard sites of Salkia and Nazirgunge in Kolkata.
Accordingly, a Joint Venture Company has been incorporated today in the name of Hooghly Cochin Shipyard Limited with CIN U35900WB2017GOI223197. Cochin Shipyard Ltd and Hooghly Dock & Port Engineers Limited will have 76% and 24% stake in the Company respectively. |
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