Pursuant to Reg 8 (2) of SEBI (PIT) Reg 2015, and any other provisions as may be applicable, we wish to inform that the Board of Directors of the Company at its meeting held on 02 Apr ....
Awaiting price reaction for this filing.
Garden Reach Shipbuilders & Engineers Ltd (GRSE), a Government of India undertaking under the Ministry of Defence, informed the BSE that its Board of Directors, at its meeting held on 02 Apr 2025, approved a revised 'Code of Conduct for Prevention of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information'. The revision is being made pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations 2015 and other applicable provisions. The amended Code is now available on the company's website (www.grse.in). The intimation was signed by Sandeep Mahapatra, Company Secretary and Compliance Officer (ICSI Membership No. ACS 10992). The filing does not disclose any change to the company's financial position, order book, or operational outlook.
This is a routine regulatory housekeeping update to keep the company's Insider Trading policy aligned with SEBI's PIT framework; it has no material bearing on GRSE's financials, business operations, or shareholder value.