GRSE secures Navratna status from Government of India
Mumbai, June 20 -- In an exchange filing on 20 June 2026, GRSE said the government approved the Navratna status through an Office Memorandum dated 19 June 2026. The company said the recognition reflects its strong financial performance, operational efficiency and contribution to national security.
Navratna status provides greater financial and operational autonomy to public sector enterprises, enabling them to undertake larger investments and expansion projects without requiring extensive government approvals.
GRSE said it delivered eight warships during FY26, including three vessels on a single day - 30 March 2026. These included the Project 17A guided-missile frigate Dunagiri, survey vessel Sanshodhak and anti-submarine warfare shallo...
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