GRSE Announces ₹5.75 Interim Dividend to Trade Ex-Dividend Tomorrow; Stock Price Gains 4.29%

Kolkata, November 10, 2025 – The share price of Garden Reach Shipbuilders & Engineers (GRSE)Ltd rose 4.29% to trade higher at 10:54 AM on Monday, following the announcement that the stock will go ex-dividend tomorrow, Tuesday, November 11, 2025. The company has declared an interim dividend of ₹5.75 per share.

Investors must buy the shares before the market closes today to be eligible for the dividend. The company has set November 11, 2025, as the record date to identify shareholders entitled to the payout.

Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a Kolkata-headquartered shipbuilding company. It focuses on designing and building complex warships, patrol vessels, and auxiliary ships for the Coast Guard and the Indian Navy. GRSE is listed on both BSE and NSE.

Dividend History of GRSE

GRSE has maintained a consistent record of rewarding its shareholders through regular interim and final dividends. In FY26, the company declared an interim dividend of ₹5.75 per share, with an ex-date of November 11, 2025. Earlier in September 2025, a final dividend of ₹4.90 per share was also announced.

In FY25, GRSE paid an interim dividend of ₹8.95 per share in February. For FY24, the company distributed an interim dividend of ₹7.92 per share in February and a final dividend of ₹1.44 per share in September. Similarly, in FY23, the company declared an interim dividend of ₹5.50 per share.

What Does This Mean For Investors?

Investors holding GRSE shares as of the record date, November 11, 2025, will be eligible to receive the interim dividend of ₹5.75 per share. The stock price is expected to adjust by a similar amount once it trades ex-dividend. With a consistent dividend policy and a growing order book in India’s expanding defence sector, GRSE continues to offer a combination of operational performance and shareholder returns.

Share Price Update

As of 10:54 AM, GRSE shares were trading with a 4.29% gain. The scrip opened at ₹2,584, and hit an intraday high of ₹2,740, and a low of ₹2,580. The company has a market capitalization of 31,250 crore. The stock has gained 82% over the last year, 65% year-to-date, and 49% over the last six months.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations