Garden Reach Shipbuilders announces AGM, dividend, and board appointments

Garden Reach Shipbuilders & Engineers Ltd. will hold its 109th Annual General Meeting (AGM) on Friday, September 19, 2025, at 10:30 hours via Video Conferencing/Other Audio-Visual Means. The meeting, with a deemed venue at the company's registered office in Kolkata, will address key financial matters, including the adoption of audited financial statements for the year ended March 31, 2025.

Shareholders will also vote on a final dividend of ₹4.90 per equity share for the financial year 2024-25, in addition to an interim dividend of ₹8.95 per equity share, bringing the total proposed dividend to ₹13.85 per equity share. The dividend, if approved, will be paid within 30 days of declaration to members on record as of September 12, 2025. The company's Register of Members and Share Transfer Books will be closed from September 13 to September 19, 2025, inclusive. E-voting will commence on Sunday, September 14, 2025, at 9:00 a.m. IST and conclude on Thursday, September 18, 2025, at 5:00 p.m. IST.

The AGM agenda also includes several board appointments and confirmations. Shareholders will consider confirming Kamleshbhai Shashikantbhai Mirani as an independent director for a three-year term, and Capt. Sunilkumar Panangadan, IN (Retd.) as director (corporate planning and personnel) for a five-year term. Additionally, Rajeev Prakash will be confirmed as a government nominee director, and Cdr. Shantanu Bose, IN (Retd.), who retires by rotation, will be considered for re-appointment. The remuneration of the statutory auditors for FY 2025-26 will also be fixed.