In terms of Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the SEBI Listing Regulations ), we wish to inform you that the Company has approved changes in the Senior Management of the Company due to the Promotion w.e.f. 01 Jul 2025.Further, we also wish to inform you that Cdr Bhaskar Sengupta, IN (Retd.), Chief General Manager (CP, CC & DM) is superannuating on 30 Jun 2025, and accordingly, he will cease to hold office in the Company w.e.f. 01 Jul 2025.Detailed disclosure in this regard is enclosed.
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Garden Reach Shipbuilders & Engineers (GRSE) announced three internal promotions effective 1 July 2025. Mr. Sujoy Chakravorty, currently General Manager (Commercial), has been promoted to Chief General Manager. Mr. Prashanta Kumar Mondal (Additional GM – QA) and Shri Kingshuk Mistry (Additional GM – CDO) have been promoted to the rank of General Manager. All three are long-serving employees with backgrounds in mechanical engineering and experience in shipbuilding, procurement, design, and quality assurance. Separately, Cdr Bhaskar Sengupta, IN (Retd.), Chief General Manager (CP, CC & DM), is retiring on 30 June 2025 after reaching superannuation age and will cease to hold office from 1 July 2025. These are routine succession-related changes with no impact on the company's strategic direction.
This is a routine internal succession announcement — internal promotions and a planned retirement. No material impact expected on operations, financials, or shareholder value. Investors should view this as part of normal senior management transition at the PSU shipbuilder.