Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a Mini Ratna Category 1 Defence PSU and a leading warship building company of India, has paid an interim dividend of Rs.63 Crores for FY 2022-23 to its shareholders.
On March 30, 2023, the Ministry of Defence (India) signed multiple deals worth 36,400 crores giving more firepower to the three-Armed Forces (Indian Army,
Raksha Mantri Shri Rajnath Singh launched Y- 3023 Dunagiri, Project 17A frigate built by Garden Reach Shipbuilders Limited in Kolkata on July 15, 2022.