In terms of Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Company is undertaking capacity expansion initiatives at Raichak, Timber Pond facility -Shalimar and Damodar facility Khidderpore Docks to strengthen its indigenous shipbuilding capabilities, support future growth and enhance the ability to execute larger and more complex projects with capital expenditure cost of Rs.2500 crore, Rs.100 crore and Rs.70 crore, respectively, aggregating to Rs.2670 crore.Copy of the press release is enclosed herewith.This is for your information and record.
Garden Reach Shipbuilders & Engineers Ltd. Press Release Aug 24 2026
Filed with NSE · · 4 pages · English
Summary by 6ix AI
Garden Reach Shipbuilders & Engineers Ltd. has announced a significant capacity expansion initiative through three new facilities to enhance its shipbuilding capabilities in West Bengal. The expansion includes projects at Raichak, Timber Pond facility in Shalimar, and Damodar facility at Khidderpore Docks, with a total capital expenditure planned. This initiative aims to support future growth and enable the execution of larger and more complex projects, aligning with the Government of India's vision for self-reliance in defense manufacturing. The press release details the foundation laying ceremony attended by key government officials, marking a milestone for India's shipbuilding and defense sector.
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Earlier from Garden Reach Shipbuilders & Engineers
- Garden Reach Shipbuilders & Engineers Ltd. Press Release Jul 29 2026
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- Press Release (Revised) Jan 29 2026
Later from Garden Reach Shipbuilders & Engineers
- Garden Reach Shipbuilders & Engineers Ltd. Press Release Sep 03 2026
- In continuance of our earlier letter no. GRSE/BD-69/CA/14/25-26 dated 22 May 2025 on the subject matter GRSE become L1 to NGC Project and in terms of Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Company has signed a contract with the Indian Navy in New Delhi today for the construction of five Next Generation Corvettes (NGCs). The contract, valued at approximately Rs. 32,000 Crore.Copy of the press release is enclosed herewith.This is for your information and record
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