The government denies recent media reports suggesting it plans to dilute its 6%–8% stake in Cochin Shipyard via an offer for sale (OFS) to raise more than Rs 16,000 crore. According to the denial, no stake sale is planned at present. The reports had claimed that the Centre could reduce its holding through a structured OFS, citing the potential fund-raising target. In response, the government statement clarifies that the proposed stake dilution and associated fund-raising plan are not under consideration for now. The development centers on the shareholding levels attributed to the Centre’s stake in the shipyard and the possibility of a market transaction designed to monetize part of that holding. No additional details about future plans or timelines are provided in the denial. The government’s position indicates that the specific OFS scenario described by the media is not being pursued in the current period.