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Mazagon Dock Shipbuilders Secures 41.73% Stake in Colombo Dockyard

by

Sienna De Silva
in ,

Mazagon Dock Shipbuilders Limited has successfully acquired 164,916,229 ordinary shares of Colombo Dockyard. This acquisition was made through the purchase of unsubscribed rights from Onomichi Dockyard Company Limited. As a result, Mazagon now holds a 41.73 percent stake in Colombo Dockyard.

The shares were purchased at a price of 40 rupees each during a transaction conducted on Monday, the 19th, as per the company’s filing with the stock exchange. Colombo Dockyard currently has a total of 395,224,082 issued shares.

(Colombo/Jan21/2026)

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