INS Ajay was the first warship[1] [2] built in Independent India[3] and the namesake of the s. She was built by the Hooghly Dock and Port Engineers (Now Garden Reach Shipbuilders and Engineers) and was delivered to the Indian Navy on 21 September 1960.
In July 1974 the Indian Navy gave her to the Bangladesh Navy. (Her sister ship had been transferred as in 1973). INS Ajay served in the Bangladesh Navy as .