GRSE Share Price Rises After DPE Clears Navratna Proposal

25 Feb 2026 CW Team

Navratna status is expected to provide enhanced operational autonomy and greater delegated financial powers, which can speed decision making on investments, joint ventures and capital expenditure. The status can also increase the company’s ability to pursue strategic partnerships and respond more swiftly to customer requirements, particularly in defence contracts. While the DPE clearance is an important administrative milestone, formal conferment will be subject to final notification by the competent authority.

The market response reflected expectations that increased autonomy could improve GRSE’s competitiveness and support a stronger order pipeline, though the timing and scale of any benefits remain uncertain. Observers noted that a higher profile for the company could attract commercial and institutional attention, while customers in the defence sector may evaluate procurement opportunities differently once formal status is confirmed. The company’s strategic role in shipbuilding for government requirements makes developments on its status noteworthy for suppliers and partners.

Market participants cautioned that the outcome will depend on final government decision and implementation details, adding that investors should consider company fundamentals and sector risk before taking positions. Until formal notification is issued the matter remains prospective and subject to administrative steps that can affect timing. Stakeholders will closely follow subsequent announcements and regulatory formalities as they determine the practical implications of any change in status.

Shares of Garden Reach Shipbuilders & Engineers (GRSE) rose following news that the Department of Public Enterprises (DPE) cleared a proposal to grant the company Navratna status and that the matter is awaiting a final government nod. The DPE clearance was reported to have moved the proposal to the next stage of approval and market participants interpreted the development as a positive signal for the company. The move attracted renewed investor attention to the state shipbuilder amid broader interest in defence manufacturing. Navratna status is expected to provide enhanced operational autonomy and greater delegated financial powers, which can speed decision making on investments, joint ventures and capital expenditure. The status can also increase the company’s ability to pursue strategic partnerships and respond more swiftly to customer requirements, particularly in defence contracts. While the DPE clearance is an important administrative milestone, formal conferment will be subject to final notification by the competent authority. The market response reflected expectations that increased autonomy could improve GRSE’s competitiveness and support a stronger order pipeline, though the timing and scale of any benefits remain uncertain. Observers noted that a higher profile for the company could attract commercial and institutional attention, while customers in the defence sector may evaluate procurement opportunities differently once formal status is confirmed. The company’s strategic role in shipbuilding for government requirements makes developments on its status noteworthy for suppliers and partners. Market participants cautioned that the outcome will depend on final government decision and implementation details, adding that investors should consider company fundamentals and sector risk before taking positions. Until formal notification is issued the matter remains prospective and subject to administrative steps that can affect timing. Stakeholders will closely follow subsequent announcements and regulatory formalities as they determine the practical implications of any change in status.

Infrastructure Transport

25 Feb 2026

Guwahati Airport New Terminal Set To Begin Operations

The new terminal at Lokpriya Gopinath Bardoloi International Airport in Guwahati is scheduled to begin operations on February 22, state officials said. The announcement was made by the Chief Minister of Assam, who indicated that the facility will open to passengers on that date. The terminal forms part of a broader effort to upgrade aviation infrastructure in the region. The facility is expected to offer enhanced passenger amenities and streamlined movement across terminals. The integrated Terminal-2 building was inaugurated by the Prime Minister on 20 December last year and was constructed at..

Infrastructure Urban

25 Feb 2026

India–France Centre of Excellence in Aeronautics Announced for Kanpur

The Prime Minister announced the establishment of a National Centre of Excellence (NCoE) for skilling in aeronautics and defence at the National Skill Training Institute (NSTI), Kanpur, in collaboration with the Government of the French Republic under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme of the Ministry of Skill Development and Entrepreneurship (MSDE). The announcement was made during a joint press statement with the President of France at the inauguration of the India–France Year of Innovation. The centre will focus on advanced ..

Infrastructure Urban

25 Feb 2026

Embraer And Mahindra Deepen Partnership For C-390 MRO In India

Brazilian aerospace manufacturer Embraer and Indian conglomerate Mahindra Group have agreed to deepen cooperation to develop Maintenance, Repair and Overhaul capabilities for the C-390 Millennium aircraft in India, contingent on the Indian Air Force selecting the type for its Medium Transport Aircraft programme. The initiative is intended to align with the government’s Make in India drive and to strengthen indigenous defence manufacturing capacities. The partners envisage the proposed facility supporting both military and civil operators and creating significant employment across manufacturi..