Cochin Shipyard Limited announced that Shri Prithiviraj Harichandan (DIN: 01351097) has tendered his resignation as the Independent Director of the Company vide his letter dated May 01, 2024, received by the Company on May 02, 2024 and the resignation will be effective from the date of receipt of the same by the Company i.e., May 02, 2024. His resignation is on account of him contesting for the Odisha Legislative Assembly from 118-Chilika Assembly Constituency. He has also confirmed that there is no other material reason for his resignation apart from
the one state above. Consequently, he shall also cease to be the Chairperson of the Audit Committee of Company. He does not hold any directorship/membership of board committees
in any other listed entity.