GARDEN REACH SHIP&ENG Share price

Prior to the Company being initially incorporated as a limited company we were engaged in the business of operating shipbuilding and repair workshops since 1884 as an unincorporated entity. We were incorporated under the name and style of “Garden Reach Workshops Limited” on February 26 1934 with the Registrar of Companies Calcutta vide certificate of incorporation No. 7891 under the applicable provisions of the Companies Act 1913. The word ‘Private’ was added to the name of the Company and the name of the Company became “Garden Reach Workshops Private Limited” and a fresh certificate of incorporation was issued dated November 5 1957 by the Registrar of Companies West Bengal pursuant to the shareholders resolution passed in the general meeting held on July 12 1957. In the year 1960 the Company was acquired by the GoI and since then the share capital of the Company is wholly owned by the President of India along with its nominees from time to time. The word ‘Private’ was deleted from the name of the Company by the Registrar of Companies West Bengal on November 30 1961 pursuant to the shareholders resolution passed in the general meeting held on March 28 1961 and the name of the Company become “Garden Reach Workshops Limited” and the status of the Company was changed from ‘private limited company’ to ‘deemed public limited company’ under the provision of Section 43(1A) of the Companies Act 1956 with effect from January 8 1976. The name of the Company was again changed from “Garden Reach Workshops Limited” to “Garden Reach Shipbuilders & Engineers Limited” as mentioned in the fresh certificate of incorporation issued on December 31 1976 pursuant to the shareholders resolution passed in the general meeting held on December 18 1976. The Company was converted into a public limited company pursuant to the shareholders resolution passed in the Annual General Meeting held on August 25 2017 and a fresh certificate of incorporation dated November 17 2017 was issued by the Registrar of Companies West Bengal. the Company as on date is registered as a government company (public company) as “Garden Reach Shipbuilders & Engineers Limited” under CIN U35111WB1934GOI007891.Major events in the history1961- Built the indigenous warship of the country INS Ajay which was the first Naval ship built in the country after India's independence.1980- Built the patrol vessel for Indian Coast Guard CGS Rajhans (GRSE Yard 2003).1981- Designed and built survey vessel for Indian Navy. This 1900-ton ship INS Sandhayak was delivered on February 26 1981.1984- Designed in-house and built the first of class landing ship tank (large).1992- The class ship of new design FPV CGS Priyadarshini (the Company Yard 2031) was delivered to Indian Coast Guard on March 03 1992.1994- The class P-16A guided missile frigate “INS Brahmaputra” (the Company Yard 3009) was launched on January 26 1994.- Built research vessel. The ship was named as “Sagardhwani” which means 'Sound of Sea”.1997- Designed & developed portable steel bridges for the first time in India.2000- Built and delivered the class fast attack craft (the Company Yard No. 2047) on September 11 2000 after extensive trials.2009- The two WJ-FAC INS Carnicobar and INS Chetlat were delivered on January 09 2009 to Indian Navy.2011 -The Company signed the contract for building CGS Barracuda a multi-role offshore patrol vessel for National Coast Guard of Mauritius on March 04 2011 for export of a warship. CGS Barracuda also has the distinction of being the first ever ship to be built at the new integrated shipbuilding facility created in the Company under modernization.2014- The class ASW Corvette INS Kamorta was delivered to Indian Navy on July 12 2014.2016- The first of the fthe (4) follow-on WJ-FAC INS Tarmugli (Yard No 2109) was delivered to the Indian Navy on April 16 2016.2016-2017- Two ships of the class new generation landing crafts have been delivered to Indian Navy on September 30 2016 and July 20 2017.Awards and Recognition2006- Accorded the status of Mini Ratna - Category I2010-11- Best Performing Defence Shipyard- Excellent grading under MoU signed with the GoI2011-12- Best Performing Defence Shipyard- Excellent grading under MoU signed with the GoI- Indira Gandhi Rajbhasha Puraskar – 2nd prize in ‘C’ region for the implementation of official language Hindi in the Company2012-13- Best Performing Defence Shipyard- Indira Gandhi Rajbhasha Puraskar – 1st prize in 'C' region for implementation of official language Hindi under PSU category- Excellent grading under MoU signed with the GoI2013-14- Best Performing Defense Shipyard- Excellent grading under MoU signed with the GoI2014-15- National Talent Management Leadership Award 2015 in the Best Onboarding Program category from the World HRD Congress- Most Caring Company Award at CSR Congress-2015- Rajbhasha Kirti Puraskar – 2nd prize in ‘C’ region for excellence in implementation of official language policy under PSU category2015-16- Raksha Mantri’s Award for in-house design effort of CGS Barracuda- Rajbhasha Kirti Puraskar – 1st prize for excellence in implementation of official language in the Company.2016- Quality leadership award by Quality Circle Forum of India- Rajbhasha Kirti Puraskar – 2nd prize for excellence in implementation of official language- Rajbhasha Kirti Puraskar – 2nd prize for the magazine ‘Rajbhasha Jagriti’2017- Quality Leadership Award by Quality Circle Forum of India- Runner-up in the category of ‘Contribution of Women in PSEs’ by ICC- Runner-up in the category of ‘Human Resthece Management’ by ICC- Runner-up in the category of ‘CSR & Sustainability’ by ICC- ICC PSE Excellence Award in the category of “Company of the Year”- ICC PSE Excellence Award in the category of “Corporate Governance”- SCOPE Corporate Communication Excellence Award 2017 in the category of Brand Building through Inclusive Growth Initiatives- SCOPE Corporate Communication Excellence Award 2017 in the category of Best Corporate Communication Campaign/ Program (External)