Garden Reach Shipbuilders & Engineers Ltd.NSE: GRSE

Garden Reach Shipbuilders & Engineers Ltd. Press Release Sep 03 2026

· Issued by Garden Reach Shipbuilders & Engineers Ltd. via NSE India

Filed with NSE · · 6 pages · English and Hindi

Summary by 6ix AI

Garden Reach Shipbuilders & Engineers Ltd. has disclosed the signing of Memorandum of Understandings with DNV and Damen Technical Cooperation B.V. to enhance its maritime capabilities. The MoUs aim to establish collaborations in warship design, shipbuilding, and dredger construction, leveraging both companies' expertise. This announcement was made in accordance with regulatory requirements and includes no immediate financial implications.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Release

1. In terms of Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, the Company has entered into the following Memorandum of Understandings (MoUs): (a) Memorandum of Understanding (MoU) with DNV (Det Norske Veritas), a globally recognized Maritime organization to establish expertise in warship design, shipbuilding and marine engineering with DNV s global capabilities in classification, certification, technical assurance, digitalization, sustainability and maritime advisory services.(b) MoU with Damen Technical Cooperation B.V., Netherlands, for establishing a technical and business collaboration framework to explore the design and construction of dredgers for Indian customers.The MoU combines GRSE s Shipbuilding capabilities with Damen s globally proven expertise on Trailing Suction Hopper Dredgers (TSHD) and Water Injection Dredgers (WID).2. There is no financial imp

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