Garden Reach Shipbuilders Announces Superannuation of General Manager Harish Kumar

1 min read     Updated on 01 May 2026, 05:52 AM
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Garden Reach Shipbuilders & Engineers Limited has officially informed stock exchanges about the superannuation of Cdr Harish Kumar, General Manager (RO - Delhi), scheduled for 30 Apr 2026. The disclosure, made under SEBI Listing Regulations, indicates he will cease to hold office from 01 May 2026, with the announcement signed by Company Secretary Sandeep Mahapatra.

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Garden Reach Shipbuilders & Engineers Limited has officially notified the stock exchanges about the superannuation of Cdr Harish Kumar, General Manager (RO - Delhi). The disclosure was made under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Superannuation Details

According to the official communication dated 30 Apr 2026, Cdr Harish Kumar will superannuate on 30 Apr 2026. Consequently, he will cease to hold office in the company with effect from 01 May 2026. The announcement was signed by Sandeep Mahapatra, Company Secretary and Compliance Officer.

Particulars: Details
Employee Name: Cdr Harish Kumar
Designation: General Manager (RO - Delhi)
Superannuation Date: 30 Apr 2026
Ceases to Hold Office From: 01 May 2026
Regulation: Regulation 30 of SEBI Listing Regulations
Document Reference: SECY/GRSE/BD-69/CA/03/26-27

Company Information

Garden Reach Shipbuilders & Engineers Limited is a Government of India undertaking under the Ministry of Defence. The company maintains its Corporate Identification Number (CIN) as L35111WB1934GOI007891. The official communication was addressed to both the National Stock Exchange of India Limited and BSE Limited for their information and record purposes.

Regulatory Compliance

The intimation fulfills the company's obligations under SEBI Listing Regulations for disclosing changes in senior management positions. The company secretary's digital signature was affixed to the document on 30 Apr 2026 at 17:53:19 +05'30', ensuring proper authentication and compliance with regulatory requirements.

Historical Stock Returns for Garden Reach Shipbuilders

1 Day5 Days1 Month6 Months1 Year5 Years
-0.41%-0.26%-7.89%-3.85%-2.78%+1,311.87%

Who will replace Cdr Harish Kumar as General Manager for the Delhi regional office and what impact might this leadership transition have on GRSE's operations in the region?

How might this senior management change affect GRSE's ongoing defense contracts and project timelines, particularly those managed from the Delhi office?

Will GRSE announce any organizational restructuring or strategic changes in their Delhi operations following this superannuation?

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Garden Reach Shipbuilders & Engineers Limited Discloses Substantial Shareholding Under SEBI Regulations

1 min read     Updated on 29 Apr 2026, 03:14 AM
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Garden Reach Shipbuilders & Engineers Limited has disclosed substantial shareholding details under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The President of India, acting through the Ministry of Defence, holds 8,53,41,240 equity shares in the company as of March 31, 2026. The disclosure confirms that no encumbrances were made on these shares, directly or indirectly, during the financial year ended March 31, 2026.

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Garden Reach Shipbuilders & Engineers Limited has submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, to both the National Stock Exchange of India Limited and BSE Limited. The disclosure, dated April 2, 2026, provides details about the substantial shareholding in the company as of March 31, 2026.

Shareholding Details

The President of India, acting through the Ministry of Defence, holds a significant stake in Garden Reach Shipbuilders and Engineers Limited. According to the disclosure, the shareholding position remained unchanged during the financial year with respect to encumbrances.

Particulars Details
Shareholder President of India acting through Ministry of Defence
Number of Equity Shares 8,53,41,240
Date of Shareholding 31 March 2026
Encumbrances During FY26 None

Key Information

The disclosure confirms that no encumbrances were created on the shares held by the President of India, either directly or indirectly, during the financial year ended March 31, 2026. This information has been submitted for the records of both stock exchanges.

The communication was addressed to the National Stock Exchange of India Limited (Symbol: GRSE) and BSE Limited (Scrip Code: 542011). The disclosure was signed by an authorized signatory from the Ministry of Defence, New Delhi, with Vikas Khera, Deputy Secretary, as the signatory.

Historical Stock Returns for Garden Reach Shipbuilders

1 Day5 Days1 Month6 Months1 Year5 Years
-0.41%-0.26%-7.89%-3.85%-2.78%+1,311.87%

Will the Ministry of Defence consider divesting part of its substantial stake in Garden Reach Shipbuilders as part of the government's ongoing privatization initiatives?

How might Garden Reach Shipbuilders' government backing position the company for upcoming defense contracts and naval modernization projects?

Could the unencumbered nature of the government's shareholding signal potential strategic partnerships or joint ventures in the defense shipbuilding sector?

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1 Year Returns:-2.78%