Announced Thu, 30 Apr · 13:21 IST

Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

GRSE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-9.3%1-day move
₹3074.80
prior close
₹2941.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.0+0.0+0.5-9.3-5.1-1.8+0.7-1.0-8.8-12.4-15.4-11.2
Up moveDown movePending
AI summary

The Ministry of Defence has appointed Shri Dinesh Mahur, Additional Secretary in the Department of Defence Production, as a Part-Time Official Director (Government Nominee Director) on the board of GRSE, effective April 30, 2026. Shri Mahur is a 1992-batch Indian Telecom Service officer with prior postings in the Ministry of Home Affairs, Prasar Bharti, and Ministry of Mines. He holds an engineering degree from NIT Allahabad and a PGDM in Public Policy from MDI Gurugram. He holds no equity in GRSE and has no inter-se relationship with other directors.

Likely market impact

This is a routine government nominee appointment and does not change the company's operating leadership or strategic direction; it is unlikely to have any material impact on the stock price.