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  1. Titagarh Rail Systems shares in focus: Company delivers first Diving Support Craft to Indian Navy; check details

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Titagarh Rail Systems shares in focus: Company delivers first Diving Support Craft to Indian Navy; check details

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3 min read | Updated on September 18, 2025, 10:56 IST

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SUMMARY

Titagarh Rail share price: The Diving Support Craft, built with a catamaran-type hull, is designed to support the Navy’s Command Clearance Diving Teams in critical underwater operations such as repair, maintenance and salvage of ships inside and around harbours, the company said.

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Titagarh Rail shares

"The handover of DSC A20 is an important milestone for Titagarh," said Umesh Chowdhary, Vice-Chairman and Managing Director. | Company website

Titagarh Rail share price: Shares of Titagarh Rail Systems were trading at at ₹948.30 apiece, up 0.65% on the NSE on Thursday, September 18, as the rolling stock and engineering solutions provider on Wednesday stated that it has handed over the first indigenously built Diving Support Craft (DSC), DSC A20, to the Indian Navy.

This vessel is the first in a series of five DSCs being constructed by TRSL under the Ministry of Defence’s Make in India initiative. The handover ceremony took place in the presence of Commodore Aravind Chari, CSO (Tech), Southern Naval Command, who attended as the Chief Guest, the press release said.

The Diving Support Craft, built with a catamaran-type hull, is designed to support the Navy’s Command Clearance Diving Teams in critical underwater operations such as repair, maintenance and salvage of ships inside and around harbours. It is also equipped to serve as a training platform for the Navy’s diving cadre, thereby enhancing operational readiness.

With an overall length of 32.9 metres and a breadth of 13 metres, the vessel has an endurance of 72 hours at economical speed with 25% reserve fuel capacity. Powered by two engines of 1,342 KW each, it can achieve a cruising speed of 11 knots and is capable of carrying a complement of 18 personnel, the company said.

Speaking on the occasion, Umesh Chowdhary, Vice-Chairman and Managing Director, Titagarh Rail Systems Limited, said, “The handover of DSC A20 is an important milestone for Titagarh and a reflection of our growing role in India’s maritime sector. With greater emphasis on indigenous design and shipbuilding capacity, we are proud to contribute to the Navy’s operational readiness through vessels built entirely in India."

"Over the years, we have consistently delivered reliable solutions across both defence and mobility, and this achievement further demonstrates our commitment to supporting the nation’s self-reliance goals with the same consistency and reliability that our partners have come to expect from us," Chowdhary added.

With the delivery of DSC A20, "TRSL’s Shipbuilding and Maritime Systems Division has once again demonstrated its ability to deliver complex, high-precision vessels for the armed forces," the press release said.

Titagarh Rail Systems: Key details

In its press release, the railway company said that Titagarh Rail Systems Limited, Shipbuilding & Maritime Systems (TRSL-SMS) is poised to mark a significant milestone in India’s maritime sector with the establishment of a state-of-the-art shipyard at Falta, south of Kolkata.

"To drive this growth, the Board of Directors has, in principle, approved the transfer of the shipbuilding and maritime systems business into a wholly owned subsidiary, Titagarh Naval Systems (subject to regulatory approvals), with an approximate order book of above ₹575 crores (including taxes)."

The establishment of Titagarh Naval Systems will enable TRSL to concentrate more sharply on its core railway systems business, while empowering the new company to pursue aggressive growth in shipbuilding by securing contracts for specialised vessels that contribute to the nation’s maritime excellence, it added.

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