[vc_row][vc_column][vc_column_text]Cochin Shipyard Ltd (CSL) has embarked upon two major infrastructure expansion projects – International ship repair facility at a cost of Rs 970 crore and a new dry dock costing Rs 1,799 crore. In order to finance these projects, it has proposed to issue an Initial Public Offer (IPO). The entire proceeds of the funds raised through the IPO will be used for partial funding of the projects.[/vc_column_text][/vc_column][/vc_row]
