5420112026-01-012026-03-315420112026-03-315420112026-01-012026-03-31CompositionOfBoardOfDirectors15420112026-03-31CompositionOfBoardOfDirectors15420112026-01-012026-03-31CompositionOfBoardOfDirectors25420112026-03-31CompositionOfBoardOfDirectors25420112026-01-012026-03-31CompositionOfBoardOfDirectors35420112026-03-31CompositionOfBoardOfDirectors35420112026-01-012026-03-31CompositionOfBoardOfDirectors45420112026-03-31CompositionOfBoardOfDirectors45420112026-01-012026-03-31CompositionOfBoardOfDirectors55420112026-03-31CompositionOfBoardOfDirectors55420112026-01-012026-03-31CompositionOfBoardOfDirectors65420112026-03-31CompositionOfBoardOfDirectors65420112026-01-012026-03-31CompositionOfCommittees685420112026-03-31CompositionOfCommittees685420112026-01-012026-03-31CompositionOfCommittees695420112026-03-31CompositionOfCommittees695420112026-01-012026-03-31CompositionOfCommittees705420112026-03-31CompositionOfCommittees705420112026-01-012026-03-31CompositionOfCommittees955420112026-03-31CompositionOfCommittees955420112026-01-012026-03-31CompositionOfCommittees965420112026-03-31CompositionOfCommittees965420112026-01-012026-03-31CompositionOfCommittees975420112026-03-31CompositionOfCommittees975420112026-01-012026-03-31CompositionOfCommittees985420112026-03-31CompositionOfCommittees985420112026-01-012026-03-31CompositionOfCommittees995420112026-03-31CompositionOfCommittees995420112026-01-012026-03-31CompositionOfCommittees1005420112026-03-31CompositionOfCommittees1005420112026-01-012026-03-31CompositionOfCommittees1225420112026-03-31CompositionOfCommittees1225420112026-01-012026-03-31CompositionOfCommittees1235420112026-03-31CompositionOfCommittees1235420112026-01-012026-03-31CompositionOfCommittees1245420112026-03-31CompositionOfCommittees1245420112026-03-31MeetingOfBoardOfDirectors15420112026-01-012026-03-31MeetingOfBoardOfDirectors15420112026-03-31MeetingOfBoardOfDirectors25420112026-01-012026-03-31MeetingOfBoardOfDirectors25420112026-03-31MeetingOfBoardOfDirectors35420112026-01-012026-03-31MeetingOfBoardOfDirectors35420112026-03-31MeetingOfBoardOfDirectors45420112026-01-012026-03-31MeetingOfBoardOfDirectors45420112026-01-012026-03-31MeetingOfCommittees15420112026-03-31MeetingOfCommittees15420112026-01-012026-03-31MeetingOfCommittees25420112026-03-31MeetingOfCommittees25420112026-01-012026-03-31MeetingOfCommittees35420112026-03-31MeetingOfCommittees35420112026-01-012026-03-31MeetingOfCommittees45420112026-03-31MeetingOfCommittees45420112025-12-315420112026-03-31ImpositionOfFineOrPenaltyDomain1iso4217:INRxbrli:pure542011GRSENOTLISTEDINE382Z01011Garden Reach Shipbuilders & Engineers Limited2025-04-012026-03-31Yearly2026-03-31EquitytruetruefalseDuring the quarter and in terms of the provisions of Para A(1) of Part A of Schedule III of SEBI (LODR) Regulations, 2015, the Company does not hold any shares or voting rights in unlisted company, aggregating to 5% or more.truefalseIn terms of the provisions of Para B(8) of Part A of Schedule III of (LODR) Regulations, 2015, and as on 31 Dec 2025, there are no such Ongoing Tax Litigations or Disputes, outcome thereof which may have an impact on the Company.truetrueTop 500 listed entitiestrue443OriginalThe Company being a CPSE under the administrative control of Ministry of Defence, the Directors on the Board are appointed through Presidential Orders. As on 31 Mar 2026, the Company has only one Independent Director (ID), leaving it with improper composition of Board of Directors. The appointment of four Independent Directors, including one independent Woman Director, is currently pending with the Government of India.truetrueMrHARI P R******08591411Executive DirectorChairpersonMD1967-05-31falseActiveNA2022-06-10591000MrSHANTANU BOSE******09631817Executive DirectorNot Applicable1968-04-10falseActiveNA2022-06-08601010MrSUNILKUMAR PANANGADAN******11193635Executive DirectorNot Applicable1972-10-20falseActiveNA2025-07-14601000MrNIRANJAN MUKUND BHALERAO******10941391Executive DirectorNot Applicable1971-07-05falseActiveNA2025-10-06601010MrRAJEEV PRAKASH******08590061Non-Executive - Nominee DirectorNot Applicable1969-10-21falseActiveNA2025-07-152000MrKAMLESHBHAI SHASHIKANTBHAI MIRANI******11118795Non-Executive - Independent DirectorNot Applicable1971-12-04falseActiveNA2025-05-212025-05-21361111During the quarter, due to non-availability of the requisite number of Independent Directors (IDs), the Company did not have Audit Committee and Nomination and Remuneration Committee (NRC). The appointment of the requisite number of IDs by the Government of India is presently awaited.falsefalsetruetruetrueStakeholders Relationship Committee11118795KAMLESHBHAI SHASHIKANTBHAI MIRANINon-Executive - Independent DirectorChairperson2025-06-01Stakeholders Relationship Committee09631817SHANTANU BOSEExecutive DirectorMember2025-06-01Stakeholders Relationship Committee10941391NIRANJAN MUKUND BHALERAOExecutive DirectorMember2025-10-06Risk Management Committee09631817SHANTANU BOSEExecutive DirectorChairperson2025-06-01Risk Management Committee11193635SUNILKUMAR PANANGADANExecutive DirectorMember2025-07-14Risk Management Committee10941391NIRANJAN MUKUND BHALERAOExecutive DirectorMember2025-10-06Risk Management Committee11118795KAMLESHBHAI SHASHIKANTBHAI MIRANINon-Executive - Independent DirectorMember2025-06-01Risk Management Committee99999999BHUBNESHWAR MISHRAChief Risk OfficerMember2025-07-142026-03-31Cdr Bhubneshwar Mishra, IN (Retd.) superannuated on 31 Mar 2026, and accordingly he ceased to be the Chief Risk Officer of the Company w.e.f. 31 Mar 2026. DIN is not available.Risk Management Committee99999999BIJAY DASRisk CoordinatorMember2025-08-01DIN is not available.Corporate Social Responsibility Committee11118795KAMLESHBHAI SHASHIKANTBHAI MIRANINon-Executive - Independent DirectorChairperson2025-06-01Corporate Social Responsibility Committee09631817SHANTANU BOSEExecutive DirectorMember2025-06-01Corporate Social Responsibility Committee11193635SUNILKUMAR PANANGADANExecutive DirectorMember2025-07-142025-11-04true6612026-01-2884true6512026-02-2123true6612026-03-1824true651During the quarter, due to non-availability of the requisite number of Independent Directors (IDs), the Company did not have Audit Committee and Nomination and Remuneration Committee (NRC). The appointment of the requisite number of IDs by the Government of India is presently awaited.Risk Management Committee2025-10-28true4412Corporate Social Responsibility Committee2026-01-2891true3310Corporate Social Responsibility Committee2026-03-1848true3310Stakeholders Relationship Committee2026-01-28true3310falsefalsefalsetrueYestruetruetrueThe Company, being a CPSE under the administrative control of Ministry of Defence, the Directors on the Board are appointed through Presidential Orders. The appointment of four Independent Directors (IDs), including one Independent Woman Director, is currently pending with the Government of India. As a result, the Company is presently unable to comply with the provisions of Board composition under Regulation 17 of SEBI (LODR) Regulations, 2015. Further, due to non-availability of requisite number of Independent Directors, the Company did not have Audit Committee and Nomination and Remuneration Committee (NRC) throughout the quarter.Sandeep MahapatraCompany Secretary and Compliance OfficerYeshttps://grse.in/ship-building/ https://grse.in/ship-repairs/ https://grse.in/engineering/ https://grse.in/engine/Yeshttps://grse.in/shareholders-information/GRSE_MoA_AoA.pdfYeshttps://grse.in/board-of-directors-and-cvo/Yeshttps://grse.in/wp-content/uploads/2022/04/Terms-and-Conditions-of-Appt-of-Non-Executive-Directors.pdfYeshttps://grse.in/board-of-directors-and-committees/Board%20of%20Directors%20and%20its%20Committees.pdfYeshttps://grse.in/policies/Code%20of%20Conduct%20and%20Ethics%20-%202026.pdfYeshttps://grse.in/wp-content/uploads/2022/04/Whistle-Blower-Policy-1.pdfYeshttps://grse.in/wp-content/uploads/2022/04/Terms-and-Conditions-of-Appt-of-Non-Executive-Directors.pdfYeshttps://grse.in/policies/GRSE-Policy_for_Related_Party_Transactions_25_5_23.pdfYeshttps://grse.in/wp-content/uploads/2022/04/Policy-for-Determining-Material-Subsidiaries-GRSE.pdfYeshttps://grse.in/board-of-directors-and-committees/Familiarisation%20Programme%20-%202024-25_02.pdfYeshttps://grse.in/investor-grievance/Yeshttps://grse.in/investor-grievance/Yeshttps://grse.in/financial-results/Yeshttps://grse.in/shareholding-pattern-2/Yeshttps://grse.in/corporate-announcement/Yeshttps://grse.in/investor-presentations/Yeshttps://grse.in/investor-presentations/NAYeshttps://grse.in/corporate-announcement/Yeshttps://grse.in/shareholders-information/NAYeshttps://grse.in/corporate-announcement/Yeshttps://grse.in/policies/Policy_for_Determination_of_Materiality_of_Event_or_Information.pdfYeshttps://grse.in/wp-content/uploads/2022/06/Authorisation-of-WTD-and-CS-for-dertermination-of-materiality-of-events.pdfYeshttps://grse.in/corporate-announcement/NAYeshttps://grse.in/policies/Dividend_Distribution_Policy_apr_2025.pdfYeshttps://grse.in/annual-returns/NAYeshttps://grse.in/disclosure-under-regulation/Yeshttps://grse.in/disclosure-under-regulation/YesNoThe Company being a CPSE under the administrative control of Ministry of Defence, the Directors on the Board are appointed through Presidential Order. The appointment of four Independent Directors, including one independent Woman Director, is currently pending with the Government of India. Consequently, the Company is presently unable to comply with the provisions of Board composition under Regulation 17(1) of SEBI (Regulations), 2015.YesYesYesNoThe Company being CPSE, the appointment of Directors is carried out by the Public Enterprises Selection Board (PESB) and formalized through Presidential Orders. Accordingly, the Company does not have a succession plan for its Directors. However, a succession plan is maintained for Senior Management Personnel.YesYesYesYesYesNoMinistry of Corporate Affairs vide its notification dated 5th June 2015 has exempted the Government Companies from the requirement of performance evaluation of Directors under the Companies Act, 2013, as the evaluation of Independent Directors is undertaken by the respective administrative Ministry.YesYesNoThe Company being a CPSE under the administrative control of Ministry of Defence, the Directors on the Board are appointed through Presidential Order. Due to the pending appointments of adequate number of Independent Directors on to the Board of the Company by the Government of India, the Company is unable to constitute the Board of Directors with optimum combination of Non-Executive Directors, Independent Directors including Women Independent Director. As a result, the Company is unable to reconstitute the Audit Committee in accordance with the provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. Further, the appointment of requisite number of IDs is pending with the Government of India.NoSince 27 Dec 2024, due to an insufficient number of IDs on the Board, the Company is unable to reconstitute the Audit Committee. Consequently, no Audit Committee Meeting have been held since that date. Prior to 27 Dec 2024, the Company conducted Audit Committee Meetings at a regular interval in compliance with the applicable regulations. The appointment of IDs is currently pending by the Government of India.YesNoThe Company being a CPSE under the administrative control of Ministry of Defence, the Directors on the Board are appointed through Presidential Order. Due to the pending appointments of adequate number of Independent Directors on to the Board of the Company by the Government of India, the Company is unable to constitute the Board of Directors with optimum combination of Non-Executive Directors, Independent Directors including Women Independent Director. As a result, the Company is unable to reconstitute the Nomination & Remuneration Committee in accordance with the provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. Further, the appointment of requisite number of IDs is pending with the Government of India.NANoSince 11 Dec 2024, due to an insufficient number of NED/ IDs on the Board, the Company is unable to reconstitute the Nomination and Remuneration Committee. Consequently, no Nomination and Remuneration Committee Meeting have been held since that date. Prior to 11 Dec 2024, the Company conducted Nomination and Remuneration Committee Meetings at a regular interval in compliance with the applicable regulations. The appointment of IDs is currently pending by the Government of India.YesYesYesYesYesYesYesYesYesYesNANANANANANAYesNANoThe Company being a CPSE under the administrative control of Ministry of Defence, the Directors on the Board are appointed through Presidential Order. Currently, there is only one Independent Director on the Board of the Company. As a result, the Company is unable to hold a meeting of Independent Directors. Further, the appointment of requisite number of IDs is pending with the Government of India.YesYesYesNAYesYesYesNAYesSandeep MahapatraCompany Secretary and Compliance OfficerYesThe Company have in place the Policy for Determining Material Subsidiaries but as on 31 Mar 2026 there is no subsidiary or associate of the Company.Sandeep MahapatraCompany Secretary and Compliance OfficerfalseSandeep MahapatraCompany Secretary and Compliance OfficerKOLKATA2026-04-1005500BSE LimitedThe BSE Limited (BSE) has imposed a fine of Rs. 9,77,040 for non-compliance with Regulations 17 (1), 18(1) and 19(1)/19(2) of the SEBI (LODR) Regulations, 2015. The non-compliances relate to the composition of the Board, including non-appointment of a Woman Independent Director and non-constitution/re-constitution of the Audit Committee and Nomination & Remuneration Committee.2026-02-27During the quarter, BSE levied the fine for the quarter ended 31 Dec 2025, on account of non-compliance with the requirements relating to the composition of the Board including the absence of a Woman Independent Director and an inadequate number of Independent Directors, in terms of Regulation 17(1) of the SEBI (LODR) Regulations, 2015. Further, in accordance with Regulation 18(1), every listed entity is required to constitute a qualified and Independent Audit Committee comprising a minimum of three directors, two-thirds of whom shall be Independent. Owing to the insufficiency of Independent Directors, the Company could not reconstitute the Audit Committee. Similarly, as per Regulation 19(1), the Nomination and Remuneration Committee (NRC) must consist of at least three directors, with two-thirds being Independent and all non-executive. The Company was unable to reconstitute the NRC for the same reason.At present, there is no immediate monetary impact on the financials of the Company. The Company has submitted a detailed response to the Stock Exchange stating that, as a CPSE under the administrative control of the Ministry of Defence, Government of India, the appointment of Directors, including Independent and Woman Independent Directors, is made by the Government through Presidential Orders. Hence, the Company has no control over the appointment process, and the delay in such appointments is beyond its perview. Accordingly, the Company has requested BSE to reconsider and waive the imposed fine. 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.00000000NA00NA00NA00NA00NA00NA00NA00NA00All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.trueHARI P RCEOKOLKATA2026-04-10