Bagging/Receiving of orders/contracts

SECY/GRSE/BD-69/CA/38/26-27 02 Nov 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street Mumbai – 400 051 Mumbai – 400 001 Symbol: GRSE Scrip Code: 542011 Sub: Disclosure regarding signing of contract for 5 NGCs- Reg 30 Dear Sir / Madam, 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 signed a contract on 02 Nov 2026 for ‘Construction of Five (5) Next Generation Corvettes (NGCs)’ with the Indian Navy in New Delhi at a total value of ₹32,000 Crore. 2. The details of the Order are mentioned below: Sr. Disclosures Particulars (a) Name of the entity awarding the order(s)/ contract Indian Navy (b) Significant terms and conditions of Construction of Five (5) Next order(s)/contract(s) awarded in brief Generation Corvettes (NGCs) (c) Whether order(s) / contract(s) have been awarded Domestic Entity by domestic/ international entity (d) Nature of order(s) / contract(s) Construction and delivery (e) Whether domestic or international Domestic (f) Time period by which the order(s)/contract(s) is to Project to be completed within 09 years be executed 04 months from the date of receipt of first stage payment. (g) Broad consideration or size of the order(s)/ ₹32,000 Crore contract(s) (h) Whether the promoter/ promoter group / group None of the promoter/ promoter group/ companies have any interest in the entity that group companies have any interest in awarded the order(s)/contract(s)? If yes, nature of the entity that awarded the order(s)/ interest and details thereof contract(s). (i) Whether the order(s)/contract(s) would fall within The order(s)/ contract(s) will not fall related party transactions? If yes, whether the within related party transactions. same is done at “arm’s length”. 3. This is for your information and record. Thanking You, Yours faithfully, For Garden Reach Shipbuilders & Engineers Limited Sandeep Mahapatra Company Secretary and Compliance Officer ICSI Membership No. ACS 10992