Corporate Action-Updates on Buy back
Please find attached herewith the draft letter of offer dated October 25, 2018 pertaining to the proposed Buyback of up to 43,95,610 fully paid up equity shares of Rs. 10/- each ('Equity Shares') of Cochin Shipyard Limited ('Company') at a price of Rs. 455 per Equity Share for a maximum amount of Rs. 200.00 crores ('Offer Size') through the tender offer process pursuant to the provisions of Regulation 8 (1) of SEBI (Buy Back of Securities) Regulations, 2018, as amended.26-10-2018