GRSE Interim Dividend Record Date on Feb 3: What Does This Mean for Shareholders

Garden Reach Shipbuilders & Engineers Ltd (GRSE) fixed Feb 3 as the record date for the dividend and the company will pay an interim dividend of ₹7.15 within the statutory timeframe.

Garden Reach Shipbuilders & Engineers said in an exchange filing, “The Board of Directors of the Company at their Meeting held on Wednesday, 28 January, 2026 has declared an 2nd Interim Dividend for the Financial Year 2025-26 @ ₹7.15/- per equity share of face value of ₹10/- each, amounting to ₹81.90 crore, out of profits of the Company for the nine months ended 31st December, 2025. Further, the Board of Directors has fixed Tuesday, 03 February 2026, as the Record Date for determining the shareholders entitled to receive the 2nd Interim Dividend for FY 2025-26.”

GRSE Dividend Record Date: What Does This Mean for Shareholders?

As GRSE has set Feb 3 as the record date for its interim dividend, meaning that Feb 2 marks the last to buy GRSE shares to become eligible for the interim dividend. Further, any shares bought on or after Feb 3 (record date) won't be eligible for the interim dividend.

Also Read: TCS Dividend Payment Tomorrow (Feb 3): ₹57 per Share Interim and Special Dividend to Be Credited

GRSE Management Take on Q3FY26 Results

Commenting on the results, CMD PR Hari, IN (Retd), Chairman and Managing Director, Garden Reach Shipbuilders & Engineers Limited said, “With a strong set of numbers recorded during Q3 FY26, we are well on track to register our best‐ever financial performance during the current financial year and declared for the first time, 2nd Interim Dividend for the Financial Year 2025‐26 @ 7.15% per equity share. We have delivered five warships so far during the year and are currently executing 10 major shipbuilding projects comprising 42 platforms. Our other verticals, like Ship Repairs, Portable Steel Bridges and Naval Weapon Systems, are also doing well. With the Next Generation Corvese contract on the anvil, we are confident of ending the current financial year with an orderbook of around Rs. 50000 Crore."

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