Cochin Shipyard Receives ₹9.66 Lakh Fines For Board Compliance Breaches

Cochin Shipyard received BSE and NSE fines of ₹9.66 lakh each for insufficient independent directors and non-compliant audit and nomination/remuneration committees during Q1FY27. Following Dr. Vani Ahluwalia’s appointment, the committees were constituted; the company plans to seek waivers. Context: the governance gap is only partially narrowed.