New Delhi. 01 March 2024. Garden Reach Shipbuilders and Engineers Ltd., (GRSE), has paid an interim dividend of Rs. 90.73 Crores for FY 2023-24 to its shareholders. The Interim Dividend Cheque amounting to Rs. 67.59 Crore as the government’s share was handed over to Hon’ble Raksha Mantri Shri Rajnath Singh, by Cmde P R Hari, IN (Retd), Chairman & Managing Director of GRSE Ltd. Kolkata, today at New Delhi in the presence of Shri Giridhar Aramane, Defence Secretary, Shri T Natarajan, Additional Secretary (Defence Production), Shri R K Dash, Director (Finance), GRSE.

GRSE has declared an interim dividend of Rs. 7.92 per equity share of Rs.10 for FY 23-24 against Rs.5.50 in FY 22-23. GRSE has been consistent in paying dividend to the Shareholders and has done so every year for the last 30 years. The company has strong order book position of Rs 22792.89 Crore as on 31 Dec 23.