Increase in authorized share capital of the company from Rs. 323.72 Crores to Rs. 900 Crores and consequent…
As filed · Mazagon Dock Shipbuilders Limited has informed the Exchange about increase in authorized share capital of the company from Rs. 323.72 Crores to Rs. 900 Crores and consequent alteration of the capital
RoutineLowmateriality 14 out of 100
What happened
FactIncrease in authorized share capital of the company from Rs. 323.72 Crores to Rs. 900 Crores and consequent alteration of the capital clause of MoA. At their meeting held today, i.e., 27 October 2026, has. Record Date for the same.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
DelayedEarlierFY24
In view of above, maintaining 20% growth shall be a challenge. However, we expect that the growth of the company to be in the range around 10%.
NowQ2 FY26
We anticipate that this year, we will have revenue of approximately INR 12,500 crores or so.
Change
FactTimeline delay
Implication
CapitSignal interpretationThe earlier statement indicated a growth expectation for FY24, while the current statement refers to revenue expectations for Q2 FY26, suggesting a delay in the timeline for achieving growth targets.confidence 90%
Watch next
Fact- In view of above, maintaining 20% growth shall be a challenge. However, we expect that the growth of the compa (management committed by FY27)
- Ongoing CAPEX Investment of approx ₹ 6400 crore Spread Across: Nhava Yard, Newly acquired MbPA land (on 29-yea (management committed by FY25)
Evidence
- Mazagon Dock Shipbuilders Limited has submitted to the Exchange, the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and period ended on 30 September 2026.(opens the original filing in a new tab)
- Earlier statement · FY24
- Latest statement · Q2 FY26
- Earlier statement · Q2 FY26
How CapitSignal classified this
- Reasoning:
- MEETING_NOTICE base 14; matched on body
- Matched on:
- body text (weaker evidence than a subject match)
- Confidence in the event type:
- 50%