HISTORIC MILESTONE: HSL Achieves Positive Net Worth After 4 Decades; Poised For Mini Ratna Status

Hindustan Shipyard Limited (HSL), a premier public sector undertaking under the Ministry of Defence, has achieved a historic milestone by reporting a positive net worth for the first time in nearly 40 years. This financial turnaround positions HSL to attain Mini Ratna status in the fiscal year 2025-26, which will grant it enhanced financial autonomy for investments up to ₹500 crore or an amount

April 3, 2025
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