In terms of Reg 30 and other applicable provisions of SEBI (LODR) Reg 2015 we wish to inform you that the Company is undertaking capacity expansion initiatives at Raichak Timber Pond facility - Shalimar and Damodar facility - Khidderpore Docks to strengthen its indigenous shipbuilding capacities support future growth and enhance the ability to execute larger and more complex projects with capital expenditure cost of Rs. 2500 crore Rs. 100 crore and Rs. 70 crore respectively aggregating to Rs. 2670 crore.Copy of press release is enclosed herewith.This is for your information and record.
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