Cochin Shipyard Ltd.

Cochin Shipyard has informed that CSL has signed a Letter of Intent (LOI) with Svitzer, Denmark to construct new generation of electric TRAnsverse tugs in CSL. The LOI was signed on October 30, 2025 during the India Maritime Week 2025 organised by the Ministry of Ports, Shipping and Waterways, Government of India in Mumbai; This LOI represents a significant step toward decarbonising towage and advancing India’s maritime industry toward a low carbon future and is in alignment with the Government of India’s Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047;The text of the Press Release issued by Switzer in this regard is attached, which is also available in their website https://svitzer.com/svitzer-and-cochin-shipyard-ltdsign-letter-of-intent-to-advance-electric-transverse-tug-manufacturing-in-india/.

The above information is a part of company’s filings submitted to BSE.