Garden Reach Shipbuilders Share Price Today

GRSE shareholders approve ₹19.60 dividend, director appointments at 110th AGM

Total dividend of ₹19.60 per share approved for FY26. Institutional investors opposed re-appointment of Capt. Sunilkumar Panangadan with 69.84% votes against. Articles of Association altered to align with DPE guidelines for Navratna CPSEs. All eight resolutions passed with requisite majority, driven by promoter support.

GRSE appoints S K Agrawal and Co. as statutory auditor for FY26-27

Garden Reach Shipbuilders & Engineers Ltd appointed M/s. S K Agrawal and Co. LLP as Statutory Auditor for FY26-27. Appointment made by Comptroller & Auditor General of India under Section 139(5) of Companies Act, 2013. Effective date is September 25, 2026, coinciding with the company's AGM. Auditor firm has audited 21 PSUs and served as central statutory auditor for UCO Bank from FY21 to FY23.

GRSE approves ₹2,896 crore capex for greenfield shipyard at Raichak

GRSE board approves ₹2,896 crore capex for greenfield shipyard at Raichak. Investment aims to expand capacity in Naval and Commercial segments. Approval follows earlier August 24 disclosure on three new facilities. Decision taken during 423rd board meeting on September 21, 2026.

GRSE sets September 18 record date for FY26 final dividend

Record date set for September 18, 2026. Final dividend for FY26 subject to AGM approval. Payout within 30 days of declaration. Eligible members must be on record by closure.

GRSE dispatches 110th AGM notice; seeks approval for ₹6.70 dividend

Garden Reach Shipbuilders & Engineers Limited dispatched its 110th AGM notice on September 3, 2026. The AGM is scheduled for September 25, 2026, via video conferencing. Shareholders will approve a final dividend of ₹6.70 per share, bringing total FY26 payout to ₹19.60. Remote e-voting runs from September 20 to September 24, 2026. Approval sought for Articles of Association changes to implement Navratna status autonomy.

GRSE partners with DNV and Damen to boost shipbuilding skills

GRSE signed MoUs with DNV and Damen on September 2, 2026. Partnership aims to enhance warship design and digital shipbuilding. Collaboration with Damen focuses on indigenous dredger construction. No immediate financial implications disclosed by the company.