In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith a copy of the press release titled GRSE Hits New High in Turnover, Declares Interim Dividend of 129% .This is for your information and record.

GRSE reported its highest-ever annual turnover of ₹6,400 crore (provisional and unaudited) for FY 2025-26, up about 26% from ₹5,076 crore in FY 2024-25. The board declared an interim dividend of 129% of paid-up share capital, sharply higher than 89.5% paid in the previous year. During the year, the shipyard delivered eight vessels to the Indian Navy, including two Project 17A frigates, two Survey Vessels (Large) and four Anti-Submarine Warfare Shallow Water Crafts, and achieved a record simultaneous delivery of three warships in a single day. It is also in advanced stages of a contract for five Next Generation Corvettes and is progressing on 12 export vessels for a German client and a dredger for a foreign nation. The company also launched India's first indigenous Modular Foot Suspension Bridge, delivered seven 30mm Naval Surface Guns, and won 26 awards including the Defence Minister's Award for Excellence in Financial Performance.