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Garden Reach Shipbuilders & Engineers Ltd
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BSE Code: 542011 NSE Symbol: GRSE P/E : 52.93
ISIN Demat: INE382Z01011 Div & Yield %: 0.53 EPS : 48.92
Book Value: 181.51 Market Cap (Rs. Cr.): 29,662.09 Face Value : 10
GRSE signs MoU with Reintjes GmbH Back
(01 Aug 2025)
Garden Reach Shipbuilders & Engineers has entered into non-binding Memorandum of Understanding (MoU) with M/s Reintjes GmbH, Hameln, Germany, a global Gearbox Design and Manufacturing company with vast experience in design and manufacturing of a wide range of Marine Propulsion Gearboxes.

This MoU will facilitate a wide range of collaborative engagements, including integration of Reimtjes GmbH's high quality propulsion gear trains with selected engines for ships that would be built by the Shipyard.

The professional association with Reintjes GmbH, who is a pioneer in marine gearboxes, will empower GRSE to achieve higher standards of propulsion efficacy in warships for defence forces and commercial vessels for domestic and export markets.