5420112024-10-012024-12-315420112024-12-315420112024-10-012024-12-31CompositionOfBoardOfDirectors15420112024-12-31CompositionOfBoardOfDirectors15420112024-10-012024-12-31CompositionOfBoardOfDirectors25420112024-12-31CompositionOfBoardOfDirectors25420112024-10-012024-12-31CompositionOfBoardOfDirectors35420112024-12-31CompositionOfBoardOfDirectors35420112024-10-012024-12-31CompositionOfBoardOfDirectors45420112024-12-31CompositionOfBoardOfDirectors45420112024-10-012024-12-31CompositionOfBoardOfDirectors55420112024-12-31CompositionOfBoardOfDirectors55420112024-10-012024-12-31CompositionOfBoardOfDirectors65420112024-12-31CompositionOfBoardOfDirectors65420112024-10-012024-12-31CompositionOfBoardOfDirectors75420112024-12-31CompositionOfBoardOfDirectors75420112024-10-012024-12-31CompositionOfBoardOfDirectors85420112024-12-31CompositionOfBoardOfDirectors85420112024-10-012024-12-31CompositionOfCommittees145420112024-12-31CompositionOfCommittees145420112024-10-012024-12-31CompositionOfCommittees155420112024-12-31CompositionOfCommittees155420112024-10-012024-12-31CompositionOfCommittees165420112024-12-31CompositionOfCommittees165420112024-10-012024-12-31CompositionOfCommittees415420112024-12-31CompositionOfCommittees415420112024-10-012024-12-31CompositionOfCommittees425420112024-12-31CompositionOfCommittees425420112024-10-012024-12-31CompositionOfCommittees435420112024-12-31CompositionOfCommittees435420112024-10-012024-12-31CompositionOfCommittees685420112024-12-31CompositionOfCommittees685420112024-10-012024-12-31CompositionOfCommittees695420112024-12-31CompositionOfCommittees695420112024-10-012024-12-31CompositionOfCommittees705420112024-12-31CompositionOfCommittees705420112024-10-012024-12-31CompositionOfCommittees955420112024-12-31CompositionOfCommittees955420112024-10-012024-12-31CompositionOfCommittees965420112024-12-31CompositionOfCommittees965420112024-10-012024-12-31CompositionOfCommittees975420112024-12-31CompositionOfCommittees975420112024-10-012024-12-31CompositionOfCommittees985420112024-12-31CompositionOfCommittees985420112024-10-012024-12-31CompositionOfCommittees995420112024-12-31CompositionOfCommittees995420112024-10-012024-12-31CompositionOfCommittees1005420112024-12-31CompositionOfCommittees1005420112024-10-012024-12-31CompositionOfCommittees1015420112024-12-31CompositionOfCommittees1015420112024-10-012024-12-31CompositionOfCommittees1225420112024-12-31CompositionOfCommittees1225420112024-10-012024-12-31CompositionOfCommittees1235420112024-12-31CompositionOfCommittees1235420112024-10-012024-12-31CompositionOfCommittees1245420112024-12-31CompositionOfCommittees1245420112024-12-31MeetingOfBoardOfDirectors15420112024-10-012024-12-31MeetingOfBoardOfDirectors15420112024-12-31MeetingOfBoardOfDirectors25420112024-10-012024-12-31MeetingOfBoardOfDirectors25420112024-12-31MeetingOfBoardOfDirectors35420112024-10-012024-12-31MeetingOfBoardOfDirectors35420112024-12-31MeetingOfBoardOfDirectors45420112024-10-012024-12-31MeetingOfBoardOfDirectors45420112024-12-31MeetingOfBoardOfDirectors55420112024-10-012024-12-31MeetingOfBoardOfDirectors55420112024-10-012024-12-31MeetingOfCommittees15420112024-12-31MeetingOfCommittees15420112024-10-012024-12-31MeetingOfCommittees25420112024-12-31MeetingOfCommittees25420112024-10-012024-12-31MeetingOfCommittees35420112024-12-31MeetingOfCommittees35420112024-10-012024-12-31MeetingOfCommittees45420112024-12-31MeetingOfCommittees45420112024-10-012024-12-31MeetingOfCommittees55420112024-12-31MeetingOfCommittees55420112024-10-012024-12-31MeetingOfCommittees65420112024-12-31MeetingOfCommittees65420112024-10-012024-12-31MeetingOfCommittees75420112024-12-31MeetingOfCommittees75420112024-10-012024-12-31MeetingOfCommittees85420112024-12-31MeetingOfCommittees85420112024-09-305420112024-12-31ImpositionOfFineOrPenaltyDomain15420112024-12-31ImpositionOfFineOrPenaltyDomain2xbrli:pure542011GRSENOTLISTEDINE382Z01011Garden Reach Shipbuilders & Engineers Limited2024-04-012025-03-31Quarterly2024-12-31EquitytruetruefalseDuring the quarter and in terms of the provisions of Para A(1) of Part A of Schedule III of LODR, the Company do not holds any shares or voting rights of an unlisted company, aggregating to 5% or more.truefalseIn terms of the provisions of Para B(8) of Part A of Schedule III of LODR, as on 31 Dec 2024 there are no such Ongoing Tax Litigations or Disputes, outcome thereof which may have an impact on the listed entity.trueTop 500 listed entitiestrue443OriginalThe Company, a CPSE under the Ministry of Defence, Govt. of India, has Directors appointed through Presidential Order. On 10 Dec 2024, the Govt. nominated Dr. Garima Bhagat as Govt. Nominee Director on the Board, effective from 23 Dec 2024. Further, Mr. Sanjay Panses tenure as an ID ended on 27 Dec 2024. As on 31 Dec 2024, the Company has only one Independent Director (ID), leaving it no proper composition of Board. The appointment of four IDs, including one Woman ID, are pending with Govt. truetrueMrHARI P R08591411Executive DirectorChairpersonMD1967-05-31falseActiveNA2022-06-10591000MrRAMESH KUMAR DASH08511344Executive DirectorNot Applicable1965-05-02falseActiveNA2020-07-01591010MrSHANTANU BOSE09631817Executive DirectorNot Applicable1968-04-10falseActiveNA2022-06-08601000MrSUBRATO GHOSH10205285Executive DirectorNot Applicable1965-04-03falseActiveNA2023-06-20221010MrRAJEEV PRAKASH08590061Non-Executive - Nominee DirectorNot Applicable1969-10-21falseActiveNA2022-06-232024-12-111000OthersMsGARIMA BHAGAT10881164Non-Executive - Nominee DirectorNot Applicable1973-01-28falseActiveNA2024-12-231000MrSANJAY DATTATRAYA PANSE02725875Non-Executive - Independent DirectorNot Applicable1963-09-23falseActiveNA2021-12-272024-12-27361150Tenure CompletionMrSANJEEB MOHANTY09559883Non-Executive - Independent DirectorNot Applicable1963-07-19falseActiveNA2022-04-06361121The Govt. of India withdrew the nomination of Mr. Rajeev Prakash as Government Nominee Director w.e.f. 11 Dec 2024. As a result, the NED / IDs on the Board reduced to two, preventing the reconstitution of the Nomination and Remuneration Committee, and leaving the Company without a Committee since that date. The Committee had a regular chairperson upto 10 Dec 2024. Mr. Sanjay Panse ceased to be an ID w.e.f. 27 Dec 2024, preventing the Company the reconstitution of Audit Committee. The Company has no Audit Committee since that date. The Committee had a regular Chairperson upto 26 Dec 2024. truetruetruetruetrueAudit Committee02725875SANJAY DATTATRAYA PANSENon-Executive - Independent DirectorChairperson2022-04-252024-12-27Audit Committee09559883SANJEEB MOHANTYNon-Executive - Independent DirectorMember2022-04-25Audit Committee09631817SHANTANU BOSEExecutive DirectorMember2022-06-20Nomination and remuneration committee09559883SANJEEB MOHANTYNon-Executive - Independent DirectorChairperson2022-04-25Nomination and remuneration committee02725875SANJAY DATTATRAYA PANSENon-Executive - Independent DirectorMember2022-04-252024-12-27Nomination and remuneration committee08590061RAJEEV PRAKASHNon-Executive - Nominee DirectorMember2022-06-302024-12-11Stakeholders Relationship Committee09559883SANJEEB MOHANTYNon-Executive - Independent DirectorChairperson2022-04-25Stakeholders Relationship Committee08511344RAMESH KUMAR DASHExecutive DirectorMember2022-02-11Stakeholders Relationship Committee10205285SUBRATO GHOSHExecutive DirectorMember2023-06-28Risk Management Committee08511344RAMESH KUMAR DASHExecutive DirectorChairperson2022-06-20Risk Management Committee02725875SANJAY DATTATRAYA PANSENon-Executive - Independent DirectorMember2022-02-112024-12-27Risk Management Committee09559883SANJEEB MOHANTYNon-Executive - Independent DirectorMember2024-12-27Risk Management Committee09631817SHANTANU BOSEExecutive DirectorMember2022-06-20Risk Management Committee10205285SUBRATO GHOSHExecutive DirectorMember2023-06-28Risk Management Committee99999999SUNILKUMAR PANANGADANChief Risk OfficerMember2023-06-23Risk Management Committee99999999MADHUMITA KHASNOBISRisk CoordinatorMember2023-04-17Corporate Social Responsibility Committee09559883SANJEEB MOHANTYNon-Executive - Independent DirectorChairperson2022-06-06Corporate Social Responsibility Committee09631817SHANTANU BOSEExecutive DirectorMember2022-06-20Corporate Social Responsibility Committee10205285SUBRATO GHOSHExecutive DirectorMember2023-06-282024-07-30true7722024-08-088true7622024-10-2880true7622024-11-1315true7622024-12-1632true662Audit Committee2024-08-07true3320Audit Committee2024-10-2780true3320Audit Committee2024-11-1316true3320Nomination and remuneration committee2024-07-05true3320Nomination and remuneration committee2024-08-0732true3320Nomination and remuneration committee2024-11-1296true3220Risk Management Committee2024-08-07true4412Corporate Social Responsibility Committee2024-11-1296true3311falsefalsefalsetrueYestruetruetrueThe Govt. of India withdrew the nomination of Mr. Rajeev Prakash as Government Nominee Director w.e.f. 11 Dec 2024. As a result, the NED / IDs on the Board reduced to two, preventing the reconstitution of the Nomination and Remuneration Committee, and leaving the Company without a Committee since that date. The Committee had a regular chairperson upto 10 Dec 2024. Mr. Sanjay Panse ceased to be an ID w.e.f. 27 Dec 2024, preventing the Company the reconstitution of Audit Committee. The Company has no Audit Committee since that date. The Committee had a regular Chairperson upto 26 Dec 2024. Sandeep MahapatraCompany Secretary and Compliance OfficerfalseSandeep MahapatraCompany Secretary and Compliance OfficerKolkata2025-02-1001100National Stock Exchange of IndiaNSE has imposed fine of Rs. 5,42,800 for non-compliance of Reg 17(1) of SEBI (LODR) Regulations, 2015 pertaining to the Composition of the Board including failure to appoint woman independent director.2024-11-22During the quarter, NSE has imposed fine for the quarter ended September 2024, for non-compliance with the requirement pertaining to composition of the Board including at least one-Woman Independent Director. The number of Independent Directors were less than the minimum required statutory limit in terms of the Regulation 17(1). Further, the Company did not have a Woman Independent Directors in its Board.At present, there is no immediate monetary impact on the financials of the Company. The Company has filed a detailed response to the Stock Exchange citing that the Company being CPSE under the administrative control of Ministry of Defence, Government of India, the Directors of the Company are appointed by the Government of India through Presidential Order. The action for appointment of Independent Directors including Independent Woman Director on to the Board of CPSEs is not in the hands of the Company and also beyond the control of the Company. Accordingly, GRSE should not be held liable to pay the fines and the same should be waived-off. It is pertinent to note that the Company has from time to time made requests to the administrative Ministry and has been regularly following up with the Government regarding appointment of requisite number of IDs (including Woman ID) on the Board. The response on the same is still awaited from the Government. However, the Company is pursuing the matter with the Government of India for early resolution.BSE LimitedBSE has imposed fine of Rs. 5,42,800 for non-compliance of Reg 17(1) of SEBI (LODR) Regulations, 2015 pertaining to the Composition of the Board including failure to appoint woman independent director.2024-11-22During the quarter, BSE has imposed fine for the quarter ended September 2024, for non-compliance with the requirement pertaining to composition of the Board including at least one-Woman Independent Director. The number of Independent Directors were less than the minimum required statutory limit in terms of the Regulation 17(1). Further, the Company did not have a Woman Independent Directors in its Board.At present, there is no immediate monetary impact on the financials of the Company. The Company has filed a detailed response to the Stock Exchange citing that the Company being CPSE under the administrative control of Ministry of Defence, Government of India, the Directors of the Company are appointed by the Government of India through Presidential Order. The action for appointment of Independent Directors including Independent Woman Director on to the Board of CPSEs is not in the hands of the Company and also beyond the control of the Company. Accordingly, GRSE should not be held liable to pay the fines and the same should be waived-off. It is pertinent to note that the Company has from time to time made requests to the administrative Ministry and has been regularly following up with the Government regarding appointment of requisite number of IDs (including Woman ID) on the Board. The response on the same is still awaited from the Government. However, the Company is pursuing the matter with the Government of India for early resolution.