Garden Reach Shipbuilders & Engineers Limited — Others, 04-06-2025: News Verification

Garden Reach Shipbuilders & Engineers Limited has announced a board meeting and signed a non-binding Memorandum of Understanding with Kongsberg, Norway, to acquire design expertise for developing an indigenous Polar Research Vessel. This partnership involves no financial commitment and is part of the company’s routine activities. The company clarified that this MoU does not carry any material or price-sensitive information, and recent trading activity reflects market factors without any undisclosed impact on operations or performance.