Press Release Aug 01 2025

In terms of Reg 30 and other applicable provisions of the SEBI (LODR) Reg, 2015, we wish to inform you that the Company has entered into non-binding Memorandum of Understanding (MoU) with M/s Reintjes GmbH, Hamelin, Germany. This MoU will facilitate a wide range of collaborative engagements, including integration of Reintjes GmbH s high-quality propulsion gear trains with selected engines for ships that would be built by the Shipyard.In this regard, the copy of the press release is enclosed.

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