Garden Reach Shipbuilders & Engineers Ltd - Reg 30 - Upgradation Of GRSE To 'Schedule A' CPSE By The Government Of India

Pursuant to regulation 30 of the SEBI (LODR), Reg 2015, we are pleased to inform that Garden Reach Shipbuilders & Engineers Limited (GRSE) has been upgraded from ''Schedule B'' to ''Schedule A'' CPSE by the Government of India. This is a significant milestone for GRSE, reflecting its robust financial performance, operational efficiency, and contribution to national security. The Department of Public Enterprises, Ministry of Finance, Government of India , officially notified this upgradation on its website on 17 Sep 2024. This upgradation of GRSE to ''Schedule A'' status will enable GRSE to enhance its senior management capacity, allowing it to more effectivity oversee and manage its business.