Garden Reach Shipbuilders & Engineers Appoints New Government Nominee Director to Board
Garden Reach Shipbuilders and Engineers Ltd. has announced a change in its Part-Time Official Director (Government Nominee) position on the company's Board of Directors. The Ministry of Defence, Government of India, nominated Shri Vijay Namdeorao Zade, JS (NS) as the new director.The appointment comes with Shri Zade replacing Shri Dinesh Mahur, who has relinquished the post of Part-Time Official Director (Government Nominee Director). This change is effective from June 5, 2026.
As a Government of India Undertaking operating under the Ministry of Defence, this nomination reflects the government's oversight role in the company's leadership structure. Shri Zade has been nominated as the Part-Time Official Director (Government Nominee Director).
The key details regarding the change in the directorate are summarized below:
| Aspect | Previous Director | New Director |
|---|---|---|
| Name | Shri Dinesh Mahur | Shri Vijay Namdeorao Zade, JS (NS) |
| Designation | Part-Time Official Director (Government Nominee Director) | Part-Time Official Director (Government Nominee Director) |
| Status | Relinquished the post | Nominated by Ministry of Defence |
Garden Reach Shipbuilders and Engineers Ltd. remains a Government of India Undertaking under the Ministry of Defence.
GRSE Stock Price Movement
Garden Reach Shipbuilders & Engineers Limited shares settled lower today, shedding 0.87% in post-market trading to close at ₹2658.7. The stock posted a volume of 715,283 shares as the company concluded its daily session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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