Announced Mon, 19 May · 15:23 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

Awaiting price reaction for this filing.

AI summary

Garden Reach Shipbuilders & Engineers Limited (GRSE) has informed the exchanges about the appointment of Shri Kamleshbhai Shashikantbhai Mirani as Part-Time Non-Official Independent Director on the company's board. The appointment was made by the President of India through the Ministry of Defence, following a letter dated 16 May 2025. Mirani will serve a three-year term, with the effective date to be confirmed once his Director Identification Number (DIN) is allotted. As GRSE is a government-owned defence shipbuilder, board appointments are made directly by the central government.

Likely market impact

This is a routine government-driven board appointment at a public sector undertaking and is unlikely to have any material impact on the stock price or business operations. It strengthens board composition with a new independent director.