Capex / expansionNotableFiled on BSE ·

Titagarh Naval Systems gets in-principle approval for ₹610 crore Falta shipyard expansion

Titagarh Rail Systems · Industrial Manufacturing

Arthneeti Research DeskPublished 1 min read
₹610 CrCapex / expansion

Key highlights

  • Received in-principle approval from Ministry of Ports, Shipping and Waterways under Shipbuilding Development Scheme on April 6, 2026
  • Project cost approx. ₹610 crore with govt. capital assistance of ₹129 crore for plant and machinery
  • New facility to have annual capacity of 12-16 vessels, handle ships up to 180 meters, focusing on defence, commercial, and export shipbuilding

Why it's rated notable: amount is ₹500 crore or more

Original filing

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.