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Garden Reach Shipbuilders & Engineers informs about disclosure

22 Jul 2024 Evaluate

In terms of Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Garden Reach Shipbuilders & Engineers has informed that the Company has entered into the following two numbers of non-binding MoUs, which are confidential in nature. a) Merlinhawk Aerospace for Collaboration towards development of composite Doors and Hatches for use in Naval Ships, Counter UAV Solution using EDFCS along with CRN 91, EOIRST for Surveillance, Composite Masts for Indian Navy Ships and Hydrogen fuel cells based power generation for maritime applications. b) Kerala State Electronics Development Corporation (KEL TRON) for establishing collaborative working arrangement towards development of core futuristic technologies in various fields to achieve self-reliance in certain areas of Under Water Surveillance. 2. The financial impact of the aforesaid MoUs has not yet been ascertained.

The above information is a part of company’s filings submitted to BSE.

Garden Reach Ship Share Price

2707.45 39.80 (1.49%)
21-Apr-2026 16:01 View Price Chart
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