* Mazagon Dock Shipbuilders Limited received a letter from NSE dated 29 August 2025 regarding non-compliance with SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. * The non-compliance relates to Regulation 17, which requires a fifty percent criterion for Independent Directors. * The matter was placed before the company's board for consideration in a meeting held on 27 October 2025. * Following the board's advice, the company has written to its administrative ministry, the Ministry of Defence, requesting the appointment of a sufficient number of Independent Directors. * At present, only one additional Independent Director is required to meet the stipulated fifty percent criteria as per Regulation 17 of the Listing Regulations.
