Garden Reach Shipbuilders & Engineers Limited (GRSE) — Announcement

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📢 Key Event
GRSE declared L1 bidder for 15-ton electric tug supply worth ₹40 crores

Garden Reach Shipbuilders & Engineers announced it was declared the lowest bidder (L1) in a tender to supply a 15-ton electric bollard pull tug to Shyama Prasad Mukherjee Port, Kolkata, valued at approximately ₹40.00 crores. The company participated in the tender process and received formal confirmation of its L1 status on 23 June 2026, marking a key procurement milestone for port infrastructure development.

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About Garden Reach Shipbuilders & Engineers Limited (GRSE)

Capital Goods · Aerospace & Defense · Listed on NSE

Market Cap: ₹30,767.52 Cr P/E: 41.1

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