Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has announced the appointment of Dr. Vijay Namdeorao Zade as a Part-Time Official Director (Government Nominee Director) on its Board. The nomination was made by the Ministry of Defence, Government of India. Dr. Zade, a 2002 batch IAS Officer, brings extensive experience in finance, administration, and policy matters from various government departments and state PSUs. He currently serves as Joint Secretary (Naval Systems) in the Department of Defence Production, Ministry of Defence, overseeing financial, administrative, and operational aspects of defence shipyards and promoting defence industrial cooperation.

Garden Reach Shipbuilders & Engineers Ltd. announced the nomination of Shri Vijay Namdeorao Zade as a Part-Time Official Director (Government Nominee Director) by the Government of India, Ministry of Defence. He replaces Shri Dinesh Mahur, who has relinquished his post. The company is awaiting further details from the nominated director for complete disclosure.

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has announced the appointment of Cmde Sreekumar Srinivasan, IN (Retd.), as the Chief General Manager (Technical), effective May 27, 2026. Cmde Srinivasan holds a B.Tech in Naval Architecture & Ship Building from Cochin University of Science and Technology, an M.Tech in Corrosion Science & Engineering from IIT Bombay, and a Post Graduate Diploma in Management from Jamnalal Bajaj Institute of Management Studies. He previously served in the Indian Navy since 1997, holding various positions in Warship Design Bureau and Dockyards.

Garden Reach Shipbuilders & Engineers Ltd has announced the appointment of Cmde A Vinith, IN (Retd.), as the Executive Director (ED), effective from May 26, 2026. Cmde Vinith joined GRSE on December 1, 2021, as General Manager (Technical) and holds degrees in Naval Architecture, Ship Building, and Corrosion Science & Engineering. Prior to GRSE, he served in the Indian Navy for 27 years and currently heads Business & Technology Development, Corporate Communication, and New Product Development functions at GRSE.

Garden Reach Shipbuilders & Engineers Ltd (GRSE) announced that Cdr Harish Kumar, General Manager (RO-Delhi), will be superannuating on April 30, 2026. As a result, he will cease to hold his office in the company effective May 1, 2026. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing stakeholders about the upcoming change in management personnel due to retirement.

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has announced the appointment of Shri Dinesh Mahur as a Part-Time Official Director (Government Nominee Director) on its Board of Directors. This change is effective from April 27, 2026, and was made by the Ministry of Defence, Government of India. Shri Mahur, an Additional Secretary in the Department of Defence Production, Ministry of Defence, replaces Shri Rajeev Prakash, who has relinquished his office. Shri Mahur is an Indian Telecom Service officer (1992 batch) with a diverse background, having served in the Ministry of Home Affairs, Prasar Bharti, and Ministry of Mines. He holds engineering, social studies, and public policy management degrees. He has no inter-se relationship with other directors and does not hold any equity shares in the company.

Garden Reach Shipbuilders & Engineers Ltd (GRSE) announced the appointment of Shri Dinesh Mahur as a Part-Time Official Director (Government Nominee Director) on its Board. This appointment, made by the Ministry of Defence, Government of India, is effective from April 30, 2026. Shri Mahur, an Additional Secretary in the Department of Defence Production, Ministry of Defence, is an Indian Telecom Service officer from the 1992 batch. He has extensive experience across various government organizations, including the Ministry of Home Affairs, Prasar Bharti, and Ministry of Mines. He holds engineering and public policy degrees and has no inter-se relationship with other directors nor holds any equity shares in the company.

Garden Reach Shipbuilders & Engineers Ltd (GRSE) announced its audited financial results for the quarter and year ended March 31, 2026. For the financial year 2025-26, the company reported a revenue from operations of ₹7,00,215.78 Lakh (₹7,002.16 Crore) and a profit for the year (PAT) of ₹74,793.44 Lakh (₹747.93 Crore). The Board of Directors recommended a final dividend of ₹6.70 per equity share for FY26, subject to shareholder approval at the ensuing Annual General Meeting (AGM). The company also highlighted achieving its highest-ever revenue and profit in FY26. The dividend, if approved, will be paid within 30 days from its declaration at the 110th AGM.

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has rescheduled its Board of Directors meeting from April 27, 2026, to April 28, 2026. The meeting will inter alia consider and approve the Audited Financial Results for the quarter and year ended March 31, 2026, and recommend a final dividend for FY2025-26. Consequently, the trading window for the company's securities will remain closed from April 1, 2026, to April 30, 2026.

Garden Reach Shipbuilders & Engineers Ltd has announced that its Board of Directors will meet on April 27, 2026. The key agenda items for this meeting include considering and approving the Audited Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the Board will consider recommending a final dividend for the Financial Year 2025-26. In accordance with insider trading regulations, the trading window for dealing in the company's securities is closed for all insiders from April 1, 2026, until April 29, 2026.