GRSE Paid Interim Dividend of Rs. 56.70 Cr for FY 21-22 to Gov

New Delhi: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a Mini Ratna Category 1 Defence PSU and a leading warship building company of India, has paid an interim dividend of Rs. 56.70 Crores for FY 2021-22 to its shareholders. The Interim Dividend Cheque amounting to Rs. 42,24,39,138/- 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 (Officiating) of GRSE Ltd. Kolkata, on 31st March 2022 at New Delhi.

Dr. Ajay Kumar, Defence Secretary, Shri Sanjay Jaju, Additional Secretary (Defence Production), Shri Surendra Prasad  Yadav, Joint Secretary (Naval System), and Shri RK Dash, Director (Finance), GRSE were also presented. 

GRSE has declared an interim dividend of Rs. 4.95 per equity share of Rs.10 for FY 21-22 against Rs.3.85 in FY 20-21, reflecting a remarkable increase of 28.57 %. GRSE has been consistent in paying dividends to the Shareholders and has done so every year for the last 28 years. The company has a strong order book position of Rs 24,605 Crs. as on 31 Dec 21.