Smt Ameeta Mulla Wattal and Smt Anjali Kaul, daughters of Late Captain Mahendra Nath Mulla, MVC instituted a trophy at NCS Delhi on 11 March 2023 in honour of their father. The trophy was instituted during a brief ceremony held at school which was attended by VAdm Suraj Berry, CPS and Chairman School Management Committee (SMC), Cmde G Rambabu, Commodore (Naval Education) and Vice Chairman SMC, Col Sanjeev Wattal and select staff of the school. An amount of Rs 1.50 lakhs and a Rolling Trophy was handed over to school on this occasion. The award has been named as ‘Capt MN Mulla, MVC, Memorial Outstanding Student Award’ and would be awarded to two students of NCS Delhi (a boy and a girl) selected based on Clarity of Vision, Courage of Conviction and Commitment.