Garden Reach Shipbuilders shares will be in focus on Wednesday, April 1; here is why

The warship-maker delivered to the Navy the advanced guided missile frigate 'Dunagiri', the survey vessel 'Sanshodhak', and the anti-submarine warfare shallow watercraft 'Agray', the official said.

'Dunagiri', the second advanced guided missile frigate built by GRSE under Project 17A, is among the most sophisticated platforms built by the Kolkata-based PSU, the official said in a statement.

The 149-metre-long, 6,670-tonne guided-missile frigate is equipped with state-of-the-art weapons and sensors, including advanced missile systems and an integrated combat management system, enabling multi-dimensional operations across air, surface, and sub-surface domains, he said.

"Equipped with BrahMos anti-ship and land-attack cruise missiles, along with advanced defence systems, Dunagiri represents a significant leap in naval strike and defensive capabilities," the official said.

'Sanshodhak', the last of the four large survey vessels built by GRSE, represents a key addition to the Navy's hydrographic and survey capabilities, he said.

The 110-metre-long vessel is equipped with advanced systems for conducting full-scale coastal and deep-water hydrographic surveys, including port and harbour approaches, navigation channels, and maritime limits.

It is also capable of collecting oceanographic and geographical data for defence applications, the official said.

'Agray', one of the eight anti-submarine warfare shallow watercrafts (ASW-SWCs) being built by GRSE, is designed for operations in coastal waters.

It is capable of full-scale sub-surface surveillance, search and attack missions, as well as coordinated operations with aircraft, and is armed with lightweight torpedoes and anti-submarine warfare rockets, the official said.

Shares of GRSE on Monday, March 30, 2026, ended at ₹1,972.80 apiece on the NSE, down 4.62%.

GRSE: Recent updates

In a regulatory filing dated March 5, 2026, the company stated it signed an MoU with KSSL on Thursday to collaboratively develop and promote indigenous solutions for advanced naval systems, unmanned platforms, and other strategic maritime capabilities for domestic and global markets.

GRSE highlighted that it has ascertained no financial implications regarding the MoU at the moment.

Under the partnership, the companies envision joint efforts to deliver indigenous solutions across a broad spectrum of maritime and defence systems.

It added that the broad spectrum includes ship propulsion and mechanical systems for both naval and commercial vessels, integrated platform management systems, steering and stabiliser assemblies, and deck equipment.

It will also include unmanned platforms, comprising Unmanned Surface Vessels (USVs) and Autonomous Underwater Vehicles (AUVs).

The Miniratna firm stated that the partnership will also seek to identify and pursue opportunities within India and in other mutually agreed international markets.