GRSE Pays Interim Dividend of Rs 90.73 Cr

Garden Reach Shipbuilders and Engineers Ltd. (GRSE), a premier Warship building Company under the administrative control of Ministry of Defence has paid an interim dividend of Rs 90.73 Crores for FY 2023-24 to its shareholders. The Interim Dividend Cheque amounting to Rs. 67.59 Crore as the government’s share was handed over to  Raksha Mantri Shri Rajnath Singh, by Cmde P R Hari, IN (Retd), Chairman & Managing Director of GRSE Ltd. Kolkata on March 1 in New Delhi in the presence of Defence Secretary Giridhar Aramane.  

MoD Signs Five Major Capital Acquisition Contracts

As part of ‘Aatmanirbharta in Defence’ and to further boost Make-in-India initiative, the Ministry of Defence (MoD) signed five major capital acquisition contracts worth Rs 39,125.39 crore on March 1, 2024 in New Delhi. The Contracts were exchanged in the presence of Raksha Mantri Shri Rajnath Singh and Defence Secretary Giridhar Aramane, under whose guidance these deals fructified.