Garden Reach Shipbuilders & Engineers: In terms of Reg 30 of SEBI (LODR) Reg 2015, we would like to inform that in pursuance to MoD Letter No.…
Garden Reach Shipbuilders & Engineers (GRSE) filed a disclosure titled "In terms of Reg 30 of SEBI (LODR) Reg 2015, we would like to inform that in pursuance to MoD Letter No. 11(70)/2021/misc/D(NS) dated 05 Oct 2026 received on 06 Oct 2026, the…". The…
What happened
Garden Reach Shipbuilders & Engineers (GRSE) filed a disclosure with the exchanges on 6 October 2026 at 03:50 PM titled "In terms of Reg 30 of SEBI (LODR) Reg 2015, we would like to inform that in pursuance to MoD Letter No. 11(70)/2021/misc/D(NS) dated 05 Oct 2026 received on 06 Oct 2026, the…".
Company snapshot
Garden Reach Shipbuilders & Engineers is a small-cap company in the Capital Goods sector, with a market value of about ₹24,483 crore.
The stock last traded at ₹2,137.3, against a 52-week range of ₹1,963.7–₹3,339 (36.0% below the high).
Before this filing the shares had moved −16.7% over the month and −19.4% over three months. Average daily turnover over the last 20 sessions was about ₹74.95 crore.
Promoters held 74.50% at the end of Q1 FY27. Foreign institutions owned 3.22% and domestic institutions 1.94%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,310 | 120.2 | 10.49 |
| Q2 FY26 | 1,677 | 153.8 | 13.43 |
| Q3 FY26 | 1,896 | 170.8 | 14.91 |
| Q4 FY26 | 2,119 | 303.2 | 26.47 |
| Q1 FY27 | 1,815 | 172.8 | 15.09 |
What history shows
BCEIE's records show 8 previous management change filings from the company since May 2026.
After those filings, the stock fell 0.7% on average the next trading day and was down 1.7% on average after five days (8 filings with price data).
Across 216 similar disclosures by other Capital Goods companies, shares moved +0.3% on average the next day and +0.7% over five days; 51% of them rose the next day.
Market-wide, 3,866 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 10 Jul 2026 | Appointment Of Cost Auditor For FY 2026-27 | −1.7% | −3.8% |
| 10 Jul 2026 | Appointment Of Internal Auditor For FY 2026-27 | −1.7% | −3.8% |
| 30 Jun 2026 | In terms of Regulation 30 and other applicable provisions of the… | +1.7% | −3.9% |
| 30 Jun 2026 | In terms of Regulation 30 and other applicable provisions of the… | +1.7% | −3.9% |
| 9 Jun 2026 | Management change | −5.1% | +5.5% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.