Mazagon Dock Shipbuilders inks MoU with Brazilian Navy and Indian Navy

Mazagon Dock Shipbuilders Ltd. | Ship Building | Construction & Infrastructure | BSE: 543237 | NSE: MAZDOCK

11 Dec 2025 Evaluate

Mazagon Dock Shipbuilders has signed a Memorandum of Understanding (MoU) with the Brazilian Navy and the Indian Navy on December 09, 2025, for maintenance of Scorpene class submarines and other military ships. The MoU inter alia covers the cooperation areas like procurement opportunities, exchange of experiences in defense industries, partnerships in research, development and technological innovation.

Mazagon Dock Shipbuilders is the India's leading defence public sector undertaking shipyard under the Ministry of Defence.

Peers

Company Name	CMP
Mazagon Dock Ship.	2212.00
Cochin Shipyard	1371.00
VMS Industries	18.36
Swan Defence & Heavy	2768.00
Knowledge Marine	2976.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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