NSEGeneral Updates4 Aug 2026 · 4 Aug 2026, 11:52 am
General Updates
Garden Reach Shipbuilders & Engineers Limited · GRSE
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Garden Reach Shipbuilders & Engineers Limited has received a Letter of Intent (LOI) from Syama Prasad Mookerjee Port for the construction of a 15 T Bollard Pull Electric Battery Propulsion Tug, including installation of shore charging infrastructure, worth ₹37,94,48,131.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
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 received the Letter of Intent (LOI) for construction of One 15 T Bollard Pull Electric Battery Propulsion Tug including installation of shore charging infrastructure for KDS, SMPA from Syama Prasad Mookerjee Port at a total value of Rs. 37,94,48,131/- (including GST and Taxes) on 03 Aug 2026.This is for your information and record.
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SECY/GRSE/BD-69/CA/19/26-27 04 Aug 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 receipt of LOI from Syama Prasad Mookerjee Port for
construction of one 15 T Bollard Pull Tug- 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 received the Letter of Intent (LOI) for
construction of ‘One 15 T Bollard Pull Electric Battery Propulsion Tug including installation of
shore charging infrastructure for KDS, SMPA’ from Syama Prasad Mookerjee Port at a total
value of ₹37,94,48,131/- (including GST and Taxes) on 03 Aug 2026.
2. 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