newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
News Updates

GRSE pays an interim dividend of Rs 63 crores for FY 2022-23 to its shareholders for FY 2022-23

Garden Reach Shipbuilders and Engineers Limited (GRSE) has paid an interim dividend of Rs 63 crores for FY 2022-23 to its shareholders for FY 2022-23

Garden Reach Shipbuilders and Engineers Limited (GRSE) has paid an interim dividend of Rs 63 crores for FY 2022-23 to its shareholders. The interim dividend cheque amounting to Rs 46.93 crore as the government’s share was handed over to Defence Minister Rajnath Singh by GRSE’s Chairman & Managing Director (CMD) Cmde PR Hari, IN (Retd) on Monday at New Delhi in the presence of Defence Secretary Giridhar Aramane, Additional Secretary (Defence Production) T Natarajan, Director (Finance) RK Dash and senior officials from Ministry of Defence and GRSE.

GRSE has declared an interim dividend of Rs 5.50 per equity share of Rs 10 for FY 22-23 against Rs 4.95 in FY 21-22. GRSE has been consistent in paying dividend to the Shareholders and has done so every year for the last 29 years.

The company has a strong order book position of Rs 22,242.42 crores as on December 31 and has recently concluded another contract of over Rs 3500 crore with the Indian Navy for the construction of four next generation offshore patrol vessels.

Related posts

News18 India to host ‘News18 India Chaupal’ on Dec 1-2

Newsmantra

SBI awarded for outstanding performance in the digital payment space

Newsmantra

HAL pays 2nd interim dividend of Rs 502.58 crores to Govt

Newsmantra

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More